PNC does not charge a fee for Mobile Banking. However, third party message and data rates may apply. These include fees your wireless carrier may charge you for data usage and text messaging services. Check with your wireless carrier for details regarding your specific wireless plan and any data usage or text messaging charges that may apply. Also, a supported mobile device is needed to use the Mobile Banking App. Mobile Deposit is a feature of PNC Mobile Banking. Use of the Mobile Deposit feature requires a supported camera-equipped device and you must download a PNC mobile banking app. Eligible PNC Bank account and PNC Bank Online Banking required. Certain other restrictions apply. See the mobile banking terms and conditions in the Digital Services Agreement.
PNC Capital Markets, Inc., a member of The PNC Financial Services Group, Inc. (NYSE: PNC), ranked No. 1 in the Northeast region and No. 2 in the nation as lead arranger of loan syndications for mid-sized companies for the third consecutive quarter in 2003.
Loan Pricing Corporation (LPC), a Reuters company that provides news, data and analytics on bank loans, ranked PNC Capital Markets first based on number of deals for traditional middle-market loan syndications in LPC's Northeast region, which is comprised of Connecticut, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.
In addition, PNC Capital Markets was ranked second in the nation by LPC for these multi-bank financing deals with mid-sized companies for both number of transactions and dollar volume for the first three quarters of 2003. Bank of America was first.
Published quarterly, LPC League Tables for the traditional middle market segment refer to deals up to $100 million for businesses with sales less than or equal to $500 million.
"These rankings are a positive reflection of PNC Capital Market's commitment to mid-size companies. As lead agent on loan syndications, PNC is helping middle market customers to access the capital needed to fulfill their business goals," said Charlotte McLaughlin, president and chief executive officer of PNC Capital Markets.
"With our experience and success in loan syndications validated by these rankings, we look forward to additional opportunities to arrange financing for mid-sized companies as economic conditions improve," said Douglas Shaffer, senior managing director of debt capital markets in PNC Capital Markets.
PNC Capital Markets is the marketing name used for investment banking and capital markets activities conducted by The PNC Financial Services Group, Inc., through its subsidiaries, PNC Bank,
National Association, and PNC Capital Markets, Inc. PNC Capital Markets, Inc., is not a bank and is a distinct legal entity from PNC Bank, National Association. Services such as public finance, underwriting debt securities, securities sales and trading, mergers and acquisitions advisory services, private placements, securitization of assets and the arrangement of syndicated loans are offered by PNC Capital Markets, Inc. Derivatives and foreign exchange products are offered through PNC Bank, National Association.
The PNC Financial Services Group, Inc., headquartered in Pittsburgh, is one of the nation's largest diversified financial services organizations, providing regional community banking; wholesale banking, including corporate banking, real estate finance and asset-based lending; wealth management; asset management; and global fund services.
SOURCE: PNC Capital Markets, Inc.,
CONTACT: Amy Vargo of PNC Bank, +1-412-762-1535, or amy.vargo@pnc.com
Web site: http://www.pnc.com/
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