PNC combines the size, scale and capabilities of a large national commercial and investment bank with the values and community focus of a Main Street bank.

PNC has committed more than $17.1 billion^[1] to governments, nonprofits and higher education institutions through balance sheet tools including loans, direct placements, lines and letters of credit, stand-by bond purchase agreements and other structures to support the capital and operating needs of public finance entities across our footprint. PNC brings a best-in-class delivery model based on the organization of credit products and risk teams around specific client sectors.

Over the past five years, we have raised capital and provided bond underwriting and investment banking services for more than 1,900 municipal bond issuances totaling more than $174 billion in municipal securities.^[1] And we’re growing — in the past year, we’ve seen a growth of 10% in credit product capital commitments.^[2] That ranks us among the largest and most active public finance firms in the nation.

We offer a wide variety of municipal debt-based structures and products:

• Tax-exempt and taxable fixed rate bonds
• Variable rate and multi-modal bonds
• Industrial development bonds
• Certificates of participation
• Derivative structures (caps, floors, collars, swaps, swaptions and forwards)
• Sale/leaseback bonds, off balance sheet financing