F.N.B. Corporation (NYSE: FNB) offers $500M subordinated notes with rate schedule

Rhea-AI Filing Summary

F.N.B. Corporation is offering up to $500,000,000 aggregate principal amount of nonnegotiable subordinated term, daily and special daily notes (the "New Notes") under a prospectus supplement dated April 29, 2026. The New Notes are fully and unconditionally guaranteed by F.N.B. Corporation.

The supplement lists annual interest rates and corresponding annual percentage yields effective April 29, 2026 across note types and tenors, including Subordinated Daily Notes (1.40% interest, 1.41% APY), Subordinated Special Daily Notes (3.25% interest, 3.29% APY), Subordinated JUMBO Daily Notes (3.80% interest, 3.85% APY; balance $100,000), and multiple term-note maturities (for example, 12-month special at 4.00% interest, 4.06% APY; 120-month special at 5.25% interest, 5.35% APY). Renewals of pre-2005 notes carry the same rates as their corollary New Notes.

Insights

Debt Capital Markets Analyst

Prospectus supplement lists a $500M capacity and a full schedule of quoted interest rates effective April 29, 2026.

The filing permits issuance of subordinated term and daily notes up to $500,000,000 aggregate principal and includes explicit coupon and APY figures by note type and tenor. The guarantee by F.N.B. Corporation is stated verbatim.

Pricing transparency is limited to the fixed rates shown; cash‑flow recipients (issuer vs. selling holders) and placement mechanics are not described in the provided excerpt.

Fixed‑Income Product Specialist

Detailed tenor ladder and APYs allow investors to match duration preferences to quoted coupons.

The schedule covers short-term (daily) instruments and multi-year term notes up to 120 months, including JUMBO minimum balances ($100,000) and a specified smaller balance ($25,000) for one class. Rates labeled "SPECIAL" appear at select tenors.

Investors seeking issuance timing, offering mechanics, or proceeds treatment should consult the full prospectus for execution details.

Key Figures

Offering capacity: $500,000,000 Effective date: April 29, 2026 Subordinated Daily Notes interest: 1.40% +3 more

6 metrics

Offering capacity $500,000,000 Aggregate principal amount available under the prospectus supplement

Effective date April 29, 2026 Rates and APYs are effective on this date

Subordinated Daily Notes interest 1.40% Annual interest rate (1.41% APY) effective April 29, 2026

Subordinated Special Daily Notes interest 3.25% Annual interest rate (3.29% APY) effective April 29, 2026

JUMBO Daily Notes interest 3.80% Annual interest rate (3.85% APY) with balance $100,000

120‑month special term interest 5.25% Annual interest rate (5.35% APY) for 120‑month special term notes

Key Terms

subordinated, JUMBO Daily Notes, annual percentage yield, special term

4 terms

subordinated financial

"offering up to Five Hundred Million Dollars $500,000,000 aggregate principal amount of its nonnegotiable subordinated term"

Debt or claims described as subordinated have lower priority for repayment than other obligations if a borrower defaults or goes into bankruptcy; think of them as standing at the back of the line while other creditors are served first. That matters to investors because subordinated instruments usually offer higher interest or returns to compensate for greater risk, but they also face a higher chance of partial or total loss if the issuer cannot meet its obligations.

JUMBO Daily Notes financial

"Subordinated JUMBO Daily Notes 3.80% interest BALANCE $100,000.00"

annual percentage yield financial

"ANNUAL PERCENTAGE YIELD 1.41% 3.29% 3.85% 3.24% etc."

Annual percentage yield (APY) is the actual yearly return on a savings or cash investment after counting how frequently earned interest is added back to the account, so interest itself starts earning more interest. Think of it like planting a seed that not only grows but whose new leaves also help it grow faster; for investors, APY shows the true, apples‑to‑apples growth rate of cash holdings and helps compare offers that compound at different speeds.

special term financial

"12 Month SPECIAL 4.00% and 120 Month SPECIAL 5.25%"

PROSPECTUS SUPPLEMENT		Filed Pursuant to Rule 424(b)(2)
(To Prospectus Dated August 30, 2024)		Registration No. 333-281871 and 333-281871-01

FNB FINANCIAL SERVICES, LP

$500,000,000

SUBORDINATED TERM NOTES AND DAILY NOTES

Pursuant to the prospectus, FNB Financial Services, LP is offering up to Five Hundred Million Dollars ($500,000,000) aggregate principal amount of its nonnegotiable subordinated term, daily and special daily notes (the “New Notes”), which are fully and unconditionally guaranteed by F.N.B. Corporation, (the “Company”). Renewals of Notes issued by the Company prior to 2005 and still outstanding carry the same interest rates as their corollary New Notes.

The following annual interest rates are applicable to both New Notes

and Outstanding Notes effective April 29, 2026.

						ANNUAL INTEREST RATE				ANNUAL PERCENTAGE YIELD
Subordinated Daily Notes							1.40	%			1.41	%
Subordinated Special Daily Notes							3.25	%			3.29	%
MINIMUM BALANCE $25,000.00
Subordinated JUMBO Daily Notes							3.80	%			3.85	%
MINIMUM BALANCE $100,000.00
Subordinated Term Notes
3 Month							3.20	%			3.24	%
6 Month							3.25	%			3.29	%
9 Month							3.30	%			3.34	%
12 Month			SPECIAL				4.00	%			4.06	%
15 Month							3.50	%			3.55	%
18 Month			SPECIAL				4.05	%			4.11	%
21 Month							N/A				N/A
24 Month							3.60	%			3.65	%
27 Month							3.70	%			3.75	%
30 Month							3.80	%			3.85	%
36 Month							3.80	%			3.85	%
48 Month							3.90	%			3.96	%
60 Month							4.00	%			4.06	%
84 Month							4.25	%			4.32	%
120 Month			SPECIAL				5.25	%			5.35	%

This Prospectus Supplement is dated April 29, 2026.

FAQ

What is the size of the offering in the F.N.B. prospectus supplement?

The prospectus supplement states an offering capacity of $500,000,000 aggregate principal amount for subordinated term, daily, and special daily notes. The figure is presented as the maximum aggregate principal amount available under the supplement dated April 29, 2026.

Who guarantees the New Notes offered by F.N.B.?

The New Notes are described as fully and unconditionally guaranteed by F.N.B. Corporation. That guaranty language appears verbatim in the prospectus supplement dated April 29, 2026.

What interest rates apply to the subordinated daily and special daily notes?

The supplement lists a 1.40% annual interest rate (1.41% APY) for Subordinated Daily Notes and a 3.25% interest rate (3.29% APY) for Subordinated Special Daily Notes, effective April 29, 2026.

Are minimum balances specified for any note classes in the supplement?

Yes. The prospectus supplement lists a $25,000 balance for one subordinated daily note class and a $100,000 balance for Subordinated JUMBO Daily Notes, shown alongside their quoted interest rates and APYs effective April 29, 2026.