C.L. King Acted as Selling Group Member on US Bancorp’s $450 Million Preferred Stock Offering

C.L. King acted as Selling Group Member for U.S. Bancorp in its $450M 4.5% PerpNC5 Non-Cumulative Preferred Stock, Series O, offering of 18,000,000 depositary shares with an offering price of $25 per share.

The issue is rated A3/BBB/BBB+.