Fifth Third Bank $1 billion senior notes offering

Davis Polk advised the agents in connection with Fifth Third Bank, National Association’s offering of $1 billion aggregate principal amount of 5.852% fixed-rate/floating-rate senior notes due 2025 under its global bank note program. The senior notes were offered pursuant to Section 3(a)(2) of the Securities Act.

Fifth Third Bank is a banking corporation organized under the laws of the United States, with its principal executive offices in Cincinnati, Ohio. It has over 1,000 branches in the states of Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina and total deposits of $160 billion.

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.