Obligation U.S. Bankcorp 3.1% ( US91159HHM51 ) en USD

U.S. Bankcorp

100 % ▲

Etas-Unis

US91159HHM51 ( en USD )

3.1% par an ( paiement semestriel )

27/04/2026

Prospectus brochure de l'obligation U.S. Bancorp US91159HHM51 en USD 3.1%, échéance 27/04/2026

1 000 USD

1 000 000 000 USD

91159HHM5

A ( Qualité moyenne supérieure )

A2 ( Qualité moyenne supérieure )

27/04/2026 ( Dans 174 jours )

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 US91159HHM51, paye un coupon de 3.1% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 27/04/2026

L'Obligation émise par U.S. Bankcorp ( Etas-Unis ) , en USD, avec le code ISIN US91159HHM51, a été notée A2 ( Qualité moyenne supérieure ) par l'agence de notation Moody's.

L'Obligation émise par U.S. Bankcorp ( Etas-Unis ) , en USD, avec le code ISIN US91159HHM51, a été notée A ( Qualité moyenne supérieure ) par l'agence de notation Standard & Poor's ( S&P ).

424B2
424B2 1 d167303d424b2.htm 424B2
Rule 424(b)(2)
Registration No. 333-195373
CALCULATION OF REGISTRATION FEE

Title of Each Class of Securities Offered

Maximum Aggregate Offering Price

Amount of Registration Fee(1)
Subordinated Notes

$1,000,000,000

$100,700

(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933.

PRICING SUPPLEMENT NO 5 DATED APRIL 21, 2016
TO PROSPECTUS DATED APRIL 18, 2014, AS SUPPLEMENTED BY
PROSPECTUS SUPPLEMENT DATED APRIL 18, 2014, AND
SUPPLEMENTAL TO THE OFFICERS' CERTIFICATE AND COMPANY ORDER DATED APRIL 18, 2014
U.S. BANCORP
Medium-Term Notes, Series V (Senior)
Medium-Term Notes, Series W (Subordinated)

CUSIP No.:

91159HHM5
Issue Price (Dollar Amount and Percentage of Principal Amount):
Series:

Amount:

$999,230,000 / 99.923%
Series V (Senior)

Proceeds to the Company:

$996,670,000
Series W (Subordinated)

Interest Rate/Initial Interest Rate:

3.10%
Form of Note:

Interest Payment Dates:
April 27 and October 27,
Book-Entry

beginning October 27, 2016
Certificated

Regular Record Dates:
15 Calendar Days prior to
Principal Amount:
$1,000,000,000

each Interest Payment Date
Trade Date:
April 21, 2016
Interest Determination Dates:

Original Issue Date:
April 26, 2016
Interest Reset Dates:

Maturity Date:
April 27, 2026
Index Source:

Base Rate (and, if applicable, related Interest Periods):

Index Maturity:

Fixed Rate Note

Spread:

Commercial Paper Note

Spread Multiplier:

Federal Funds Note

Federal Funds (Effective) Rate

Maximum Interest Rate:

Federal Funds Open Rate

Day Count:

30/360
Federal Funds Target Rate

LIBOR Note

Minimum Interest Rate:

EURIBOR Note

For Original Issue Discount Notes:

Prime Rate Note

CD Rate Note

Original Issue Discount %:

Treasury Rate Note

Yield to Maturity:

CMT Rate Note

Reuters Page FRBCMT

Original Issue Discount Notes:

Reuters Page FEDCMT

One-Week One-Month

Subject to special provisions set forth therein with respect to the
Other Base Rate (as described below)

principal amount thereof payable upon any redemption or acceleration
Zero Coupon Note

of the maturity thereof.

Agent's Commission:

$2,560,000

For Federal income tax purposes only.
Redemption Date:
March 27, 2026
Subordination: In addition to the subordination provisions described in the
prospectus supplement under the heading "Subordination of Series W
Redemption Terms: Redeemable in whole or in part on or after the
Notes," the notes may be fully subordinated to interests held by the U.S.
Redemption Date at 100% of the principal amount of the notes
government in the event of receivership, insolvency, liquidation or similar
(par), plus accrued and unpaid interest thereon to the date of
proceedings, including a proceeding under the "orderly liquidation
redemption. U.S. Bancorp shall provide 10 to 60 calendar days'
authority" provisions of the Dodd-Frank Wall Street Reform and Consumer
notice of redemption to the registered holder of the note.
Protection Act of 2010.
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424B2

Price to Public
Agents' Commissions or Discount
Proceeds to U.S. Bancorp
Per Note

99.923%

0.256%

99.667%
Total

$999,230,000
$2,560,000

$996,670,000

Agent

Principal Amount
/s/ John C. Stern
(authorized officer)
U.S. Bancorp Investments, Inc.

$333,334,000
Credit Suisse Securities (USA) LLC

$333,333,000
/s/ Joseph M. Tessmer
(authorized officer)
Morgan Stanley & Co. LLC

$333,333,000
Total

$1,000,000,000
Delivery Instructions: DTC # 0280

Conflicts of Interest. The issuer's affiliate, U.S. Bancorp Investments, Inc., will
be participating in sales of the notes. As such, the offering is being conducted in
compliance with the applicable requirements of FINRA Rule 5121.
Notice to Canadian Investors. The notes are unsecured and are not and will not
be savings accounts, deposits, obligations of, or otherwise guaranteed by, U.S.
Bank National Association or any other bank. The Notes do not evidence deposits
of U.S. Bank National Association or any other banking affiliate of the
Issuer. The notes are not insured by the Federal Deposit Insurance Corporation,
the Canada Deposit Insurance Corporation or any other insurer or governmental
agency or instrumentality. U.S. Bancorp is not regulated as a financial institution
in Canada. However, U.S. Bank National Association's Canada branch is listed on
Schedule III to the Bank Act (Canada) and is subject to regulation by the Office
of the Superintendent of Financial Institutions (Canada). The notes may be sold
only to purchasers purchasing, or deemed to be purchasing, as principal that are
accredited investors, as defined in National Instrument 45-106 Prospectus
Exemptions or subsection 73.3(1) of the Securities Act (Ontario), and are
permitted clients, as defined in National Instrument 31-103 Registration
Requirements, Exemptions and Ongoing Registrant Obligations. Any resale of the
notes must be made in accordance with an exemption from, or in a transaction
not subject to, the prospectus requirements of applicable securities laws.
Securities legislation in certain provinces or territories of Canada may provide a
purchaser with remedies for rescission or damages if the prospectus (including
any amendment thereto) contains a misrepresentation, provided that the remedies
for rescission or damages are exercised by the purchaser within the time limit
prescribed by the securities legislation of the purchaser's province or territory.
The purchaser should refer to any applicable provisions of the securities
legislation of the purchaser's province or territory for particulars of these rights
or consult with a legal advisor.
Pursuant to section 3A.3 of National Instrument 33-105 Underwriting Conflicts
(NI 33-105), the underwriters are not required to comply with the disclosure
requirements of NI 33-105 regarding underwriter conflicts of interest in
connection with this offering.

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