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PNC Bank's Subordinated Bank Notes Offering

Cravath represented the dealers, Citigroup, J.P. Morgan Securities, Morgan Stanley and PNC Capital Markets, in connection with the $750 million subordinated bank notes offering of PNC Bank, National Association, a wholly owned subsidiary of PNC Financial Services Group, Inc. The transaction closed on July 26, 2018.

The Cravath team included partner Andrew J. Pitts and associate D. Ryan Hart. Summer associate Bethany Clarke also worked on this matter.