Issuer Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-232886

July 30, 2019

Huntington Bancshares Incorporated

2.625% Senior Notes Due August 6, 2024 (the “Notes”)

S UMMARY OF T ERMS D ATED J ULY  30, 2019

 

   

Issuer

   Huntington Bancshares Incorporated
 

Security

   2.625% Senior Notes Due 2024
 

Note Type

   Senior Notes
 

Legal Format

   SEC Registered (Registration Statement No. 333-232886)
 

Aggregate Principal Amount Offered

   $800,000,000
 

Minimum Denominations

   $2,000
 

Minimum Increments

   $1,000
 

Trade Date

   July 30, 2019
 

Settlement Date

   August 6, 2019 (T+5)
 

Maturity Date

   August 6, 2024
 

Interest Payment Dates

   Each February 6 and August 6, commencing on February 6, 2020
 

Reference Benchmark

   UST 1.750% Notes, due July 31, 2024
 

Benchmark Yield

   1.842%
 

Spread to Benchmark

   T + 83 basis points
 

Reoffer Yield

   2.672%
 

Coupon

   2.625%
 

Redemption Provision

   The Issuer may redeem the Notes, in whole or in part, on or after July 6, 2024, the date that is one month prior to the maturity date, at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus accrued and unpaid interest thereon to the redemption date.
 

Price to Investors

   99.781% of the face amount
 

Underwriting Discount

   0.350% of the face amount
 

Listing

   None
 

Joint Book-Running Managers

  

Goldman Sachs & Co. LLC

BofA Securities, Inc.

Citigroup Global Markets Inc.

The Huntington Investment Company

 

Co-Managers

  

Credit Suisse Securities (USA) LLC

MUFG Securities Americas Inc.

   

CUSIP Number

   446150 AQ7
   

ISIN Number

   US446150AQ78


The Issuer has filed a registration statement (File Number 333-232886) (including a prospectus) and a preliminary prospectus supplement with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus and the preliminary prospectus supplement related to that registration statement and other documents that the Issuer has filed with the Securities and Exchange Commission for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the website of the Securities and Exchange Commission at www.sec.gov. Copies of the prospectus, preliminary prospectus supplement and any subsequently filed prospectus supplement relating to the offering may be obtained from Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 866-471-2526, facsimile: 212-902-9316, email: prospectus-ny@ny.email.gs.com, BofA Securities, Inc., telephone: 800-294-1322, Citigroup Global Markets Inc., telephone: 800-831-9146.

Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.

 

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