Obligation U.S. Bankcorp 5.125% ( US902973AY26 ) en USD

Société émettrice U.S. Bankcorp
Prix sur le marché 100 %  ▲ 
Pays  Etas-Unis
Code ISIN  US902973AY26 ( en USD )
Coupon 5.125% par an ( paiement semestriel )
Echéance Perpétuelle - Obligation échue



Prospectus brochure de l'obligation U.S. Bancorp US902973AY26 en USD 5.125%, échue


Montant Minimal 1 000 USD
Montant de l'émission 750 000 000 USD
Cusip 902973AY2
Notation Standard & Poor's ( S&P ) N/A
Notation Moody's N/A
Description détaillée U.S. Bancorp est une société de services financiers multinationale américaine offrant une large gamme de produits et services bancaires aux particuliers, aux entreprises et aux institutions.

L'Obligation émise par U.S. Bankcorp ( Etas-Unis ) , en USD, avec le code ISIN US902973AY26, paye un coupon de 5.125% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le Perpétuelle







FWP 1 a15-23036_2fwp.htm FWP
Filed Pursuant to Rule 433
Registration No. 333-195373
November 16, 2015
Final Term Sheet
Depositary Shares Each Representing a 1/25 Inter
th
est
in a Share of Series I Non-Cumulative Perpetual Preferred Stock
Issuer:
U.S. Bancorp
Security:
Depositary shares, each representing 1/25th interest in a Share of
Series I Non-Cumulative Perpetual Preferred Stock
Size:
$750,000,000 (750,000 depository shares)
Maturity:
Perpetual
Expected Ratings*:
A3 / BBB / BBB+ / A (Moody's / S&P / Fitch / DBRS)
Liquidation Preference:
$25,000 per share (equivalent to $1,000 per depositary share)
Dividend Rate (Non-Cumulative):
At a rate per annum equal to 5.125% from the date of issuance to,
but excluding, January 15, 2021, and thereafter at a floating rate per
annum equal to three-month LIBOR plus a spread of 3.486%
Dividend Payment Date:
To January 15, 2021, each January 15 and July 15, commencing on
January 15, 2016, and thereafter, each 15th day of January, April,
July and October of each year.
Day Count Convention:
From the date of issuance to, but excluding, January 15, 2021,
30/360, and from, and including, January 15, 2021, Actual/360.
Optional Redemption:
The Series I Preferred Stock may be redeemed in whole, or in part,
on or after January 15, 2021 at a redemption price equal to $25,000
per share (equivalent to $1,000 per depositary share), plus any
declared and unpaid dividends, without accumulation of any
undeclared dividends. The Series I Preferred Stock may be
redeemed in whole, but not in part, prior to January 15, 2021 upon
the occurrence of a "regulatory capital treatment event," as described
in the prospectus supplement, at a redemption price equal to $25,000
per share (equivalent to $1,000 per depositary share), plus any
declared and unpaid dividends, without accumulation of any
undeclared dividends.
Trade Date:
November 16, 2015
Settlement Date:
November 23, 2015 (T+5)
Public Offering Price:
$1,000.00 per depositary share
Underwriting Discount:
$10.00 per depositary share


Net Proceeds (before expenses) to Issuer:
$742,500,000
Joint Book-Running Managers:
U.S. Bancorp Investments, Inc.
Barclays Capital Inc.
Morgan Stanley & Co. LLC
Listing:
The depositary shares will not be listed on any securities exchange.
CUSIP / ISIN:
902973AY2 / US902973AY26
* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or
withdrawal at any time.
This communication is intended for the sole use of the person to whom it is provided by us. The issuer has filed a
registration statement, including a prospectus, with the SEC for the offering to which this communication relates.
Before you invest, you should read the prospectus in that registration statement and other documents the issuer has
filed with the SEC for more complete information about the issuer and this offering. You may get these documents for
free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer
participating in the offering will arrange to send you the prospectus if you request it by calling U.S. Bancorp
Investments, Inc. at 1-877-558-2607, Barclays Capital Inc. at 1-888-603-5847 or Morgan Stanley & Co. LLC at
1-866-718-1649.
Any disclaimers or other notices that may appear below are not applicable to this communication and should be
disregarded. Such disclaimers or other notices were automatically generated as a result of this communication being
sent via Bloomberg or another email system.