U.S. Bancorp Issues $1 Million Callable Fixed-Rate Notes with 5.75% Coupon Due 2046

U.S. Bancorp has issued $1 million in Senior Medium-Term Notes, Series EE, with a fixed interest rate of 5.75% and a maturity date of July 30, 2046. These notes are callable by the company starting July 30, 2029. Investors should consider the attractive coupon rate alongside the risk of early redemption due to the callable feature.