Fifth Third completes $1.27B debt exchange, retires 94% of Comerica legacy notes

Filed June 10, 2026 · Period ending June 8, 2026 · ~1 min read

Key Changes

• high

  Fifth Third closed exchange offers for $1.27 billion of notes originally issued by Comerica, with 94% participation on the 2030 notes and 61% on the 2029 notes. Tendered notes will be retired; remaining notes stay outstanding under modified terms.

  Item 8.01 verify on EDGAR →
• high

  Company issued new Fifth Third senior notes mirroring the old Comerica notes: 4.000% due 2029 and 5.982% fixed-to-floating due 2030. New notes are direct obligations of Fifth Third Bancorp, not subsidiary FTFC.

  Item 8.01 verify on EDGAR →
• medium

  Fifth Third eliminated restrictive covenants from remaining unexchanged notes, including maintenance of properties, payment of taxes, and certain default triggers. Changes became effective June 10, 2026.

  Item 8.01 verify on EDGAR →