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PNC OFFERS $100 MILLION OF 3-YEAR NOTES

 PNC OFFERS $100 MILLION OF 3-YEAR NOTES
 PITTSBURGH, Dec. 11 /PRNewswire/ -- PNC Funding Corp, a subsidiary


of PNC Financial Corp, (NYSE: PNC) announced today a $100-million offering of senior notes due Dec. 15, 1994.
 The notes have a coupon of 6 percent and were sold at 99.5.
 The unsecured notes are unconditionally guaranteed as to payment of principal and interest by PNC Financial. Interest on the notes will be paid on June 15 and Dec. 15. The notes may not be redeemed prior to maturity.
 Underwriters for the offering are Salomon Brothers Inc, J.P. Morgan Securities Inc. and Lehman Brothers.
 PNC Financial Corp, headquartered in Pittsburgh, is the nation's 16th-largest bank holding company, with assets of $42.3 billion. It operates approximately 500 community banking offices in Pennsylvania, Kentucky, Ohio, Indiana, Delaware and New Jersey and conducts business through additional offices in 15 states.
 PNC's principal banking affiliates include: Pittsburgh National Bank, Pittsburgh; Provident National Bank, Philadelphia; Citizens Fidelity Bank, Louisville, Ky.; Central Trust, Cincinnati; Bank of Delaware, Wilmington, Del.; Northeastern Bank, Scranton, Pa.; Marine Bank, Erie, Pa.; PNC National Bank, Wilmington, Del; PNC National Bank of New Jersey, Cherry Hill, N.J.; Hershey Bank, Hershey, Pa.; and The First Bank and Trust Company, Mechanicsburg, Pa.
 -0- 12/11/91
 /CONTACT: Jonathan Williams, media, 412-762-4550, or home at 412-359-0979, or Sheila S. Fischl, financial, 412-762-8257, both of PNC Financial Corporation/
 (PNC) CO: PNC Financial Corporation ST: Pennsylvania IN: FIN SU:


JT -- PG012 -- 1600 12/11/91 16:12 EST
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Publication:PR Newswire
Date:Dec 11, 1991
Words:251
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