The investment-grade notes are due 2028

Davis Polk advised the representatives of the underwriters on an SEC-registered offering of $1 billion aggregate principal amount of 6.361% fixed-rate/floating-rate senior notes due 2028 by Fifth Third Bancorp.

Fifth Third is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution.

The Davis Polk capital markets team included partner Byron B. Rooney and associates Jakub P. Jozwiak, Helen Ferrall and Kanger Jin. The financial institutions team included partner Margaret E. Tahyar and associates Tyler X. Senackerib and Eric Wall. The tax team included counsel Tracy L. Matlock and associate William Liang. All members of the Davis Polk team are based in the New York office.