-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Itr7DvLBm2+Bfw/Bty10yvSfLRqt3NTHlGV9XvagprcZYkq/QJW0dLcp3yjlr5e3 /XCBiUMMj0dOVSpNJNV9zQ== 0000950123-10-084861.txt : 20100909 0000950123-10-084861.hdr.sgml : 20100909 20100909143010 ACCESSION NUMBER: 0000950123-10-084861 CONFORMED SUBMISSION TYPE: 424B2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100909 DATE AS OF CHANGE: 20100909 FILER: COMPANY DATA: COMPANY CONFORMED NAME: US BANCORP \DE\ CENTRAL INDEX KEY: 0000036104 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 410255900 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B2 SEC ACT: 1933 Act SEC FILE NUMBER: 333-150298 FILM NUMBER: 101064125 BUSINESS ADDRESS: STREET 1: U.S.BANCORP STREET 2: 800 NICOLLET MALL CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: (651)466-3000 MAIL ADDRESS: STREET 1: U.S.BANCORP STREET 2: 800 NICOLLET MALL CITY: MINNEAPOLIS STATE: MN ZIP: 55402 FORMER COMPANY: FORMER CONFORMED NAME: FIRST BANK SYSTEM INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FIRST BANK STOCK CORP DATE OF NAME CHANGE: 19720317 424B2 1 c60189e424b2.htm 424B2 e424b2
Filed Pursuant to Rule 424(b)(2)
Registration No. 333-150298
CALCULATION OF REGISTRATION FEE
                             
 
  Title of Each Class of           Maximum Aggregate              
  Securities Offered           Offering Price           Amount of Registration Fee(1)  
  Senior Notes           $1,000,000,000           $71,300  
 
 
(1)   Calculated in accordance with Rule 457(r) of the Securities Act of 1933.
PRICING SUPPLEMENT DATED SEPTEMBER 8, 2010 TO
PROSPECTUS DATED APRIL 17, 2008,
AS SUPPLEMENTED BY PROSPECTUS SUPPLEMENT DATED APRIL 25, 2008,
AND SUPPLEMENTAL TO THE OFFICERS’ CERTIFICATE AND COMPANY ORDER DATED APRIL 25, 2008
U.S. BANCORP
Medium-Term Notes, Series R (Senior)
Medium-Term Notes, Series S (Subordinated)

CUSIP No.:   91159HGY0
     
Series:    
     
x   Series R (Senior)    
o   Series S (Subordinated)    
     
Form of Note:    
     
x   Book-Entry    
o   Certificated    
     
Principal Amount:   $1,000,000,000
     
Trade Date:   September 8, 2010
     
Original Issue Date:   September 13, 2010
     
Redemption Date:   August 13, 2013
     
Maturity Date:   September 13, 2013
     
Base Rate (and, if applicable,
related Interest Periods):		    
     
x   Fixed Rate Note    
o   Commercial Paper Note    
o   Federal Funds Note    
o   LIBOR Note    
o   EURIBOR Note    
o   Prime Rate Note    
o   CD Rate Note    
o   Treasury Rate Note    
o   CMT Rate Note    
o   Other Base Rate    
o   Zero Coupon Note    
     
Agent’s Commission:   $870,000
Redemption Terms: Redeemable in whole or in part on or after the Redemption Date at 100% of the principal amount of the notes (par), plus accrued and unpaid interest thereon to the date of redemption. U.S. Bancorp shall provide 10 to 60 calendar days notice of redemption to the registered holder of the note.
Other Terms: U.S. Bancorp Investments, Inc. (“USBII”), a joint bookrunner for this offering, is our wholly-owned subsidiary. USBII will conduct this offering in compliance with the requirements of NASD Rule 2720 of the Financial Industry Regulatory Authority, which is commonly referred to as FINRA, regarding a FINRA member firm’s distribution of the securities of an affiliate. In accordance with NASD Rule 2720, USBII may not make sales in this offering to any of its discretionary accounts without the prior written approval of the customer. Following the initial distribution of any of these Securities, USBII may offer and sell those securities in the course of its business as a broker-dealer. USBII may act as principal or agent in those transactions and will make any sales at varying prices related to prevailing market prices at the time of sale or otherwise. USBII may use this Pricing Supplement and the accompanying Prospectus and Prospectus Supplement in connection with any of those transactions. USBII is not obligated to make a market in any of these securities and may discontinue any market-making activities at any time without notice.
Name of Agent and Delivery Instructions:
Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., and U.S. Bancorp Investments, Inc.
DTC #355
 
Issue Price (Dollar Amount and Percentage of Principal Amount):
     
Amount:   $998,710,000 / 99.871%
     
Net Proceeds to the Company:   $997,840,000
     
Interest Rate/Initial Interest Rate:   1.375%
     
Interest Payment Dates:   March 13 and September 13,
beginning March 14, 2011
     
Regular Record Date:   15 Calendar Days prior to
each Interest Payment Date
     
Interest Determination Date:    
     
Interest Reset Date:    
     
Index Source:    
     
Index Maturity:    
     
Spread:    
     
Spread Multiplier:    
     
Maximum Interest Rate:    
     
Day Count:   30/360
     
Minimum Interest Rate:    
     
For Original Issue Discount Notes:    
     
Original Issue Discount %:    
     
Yield to Maturity:    
     
Original Issue Discount Notes:    
     
o
  Subject to special provisions set forth therein with respect to the principal amount thereof payable upon any redemption or acceleration of the maturity thereof.
 
    
o
  For Federal income tax purposes only.
         
     
/s/ Kenneth D. Nelson   (authorized officer) 
     
     
/s/ John C. Stern   (authorized officer) 
     
     
 
 


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