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U.S. Bancorp, 6% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock Series G

Rate is Fixed until 4/14/2017 at 6%. Thereafter the coupon floats at a rate of 3 month libor plus a spread of 4.86125%.

Redeemed 04/15/2017

Ticker: USB-N

Parent Ticker: USB

OTC Grey Market Temporary Ticker:

Issuance Date: 04/17/2012

1st Call Date: 04/15/2017

Maturity Date: None

Shares Issued: 43,400,000

Overallotment Shares: 6,510,000

Coupon: 6.00%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.375

Payment Months: JAN, APR, JUL, OCT

Payment Day: 15

S&P Rating: BBB

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: A3