Social bond

PNC Issues Inaugural Social Bond

Proceeds will finance or re-finance eligible social projects that promote positive social outcomes and that benefit low- to moderate-income individuals and communities, majority-minority census tracts, and/or vulnerable or underserved populations.
Press Release

PITTSBURGH, August 13, 2021 /3BL Media/ - The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the closing of its inaugural social bond. The proceeds will be used to finance or re-finance Eligible Social Projects that promote positive social outcomes and that benefit low- to moderate-income (LMI) individuals and communities, majority-minority census tracts, and/or vulnerable or underserved populations.

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