USB · News · 20260808N
Financing Activities
US BANCORP DE · 2026-08-08 · Importance 17 · Surprise 24 · In source text
U.S. Bancorp is reportedly among the arrangers of a planned approximately $500 million private bond sale for United Launch Alliance, Boeing and Lockheed Martin's joint venture. The transaction is intended to refinance existing debt and avoid volatile public bond markets. The bonds would be sold directly to institutional investors, with Mizuho Financial Group and Wells Fargo also arranging the deal.
Key facts
- The US Bancorp Medium Term Note (USB6474435) has a 6.05% coupon and matures on August 19, 2045. source
- PensionDanmark Pensionsforsikringsaktieselskab increased its stake in U.S. Bancorp by 12.8% in the second quarter, bringing total holdings to 407,457 shares valued at $24.6 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | — | The US Bancorp Medium Term Note (USB6474435) has a 6.05% coupon and matures on August 19, 2045. |