Fifth Third Bancorp $2 billion senior notes offering
We advised the underwriters on the offering
Davis Polk advised the underwriters on an SEC-registered offering of $1 billion aggregate principal amount of 4.566% fixed-rate / floating-rate senior notes due 2032 and $1 billion aggregate principal amount of 5.141% fixed-rate / floating-rate senior notes due 2037 by Fifth Third Bancorp.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered banking institution.
The Davis Polk capital markets team included partners Pedro J. Bermeo and Byron B. Rooney and associates Raphaelle Desaleux and Jared Madnick. The financial institutions team included partner Margaret E. Tahyar and associate Lucas Siegmund. The tax team included counsel Yixuan Long and associate Michael Hsieh. Members of the Davis Polk team are based in the New York and Northern California offices.