Item 8.01. Other Events.
On March 13, 2009, U.S. Bancorp (the "Company") issued $750 million aggregate
principal amount of 2.250% Senior Notes due March 13, 2012 (the "Notes") in a
public offering pursuant to a Registration Statement on Form S-3 (File
No. 333-150298) and a related Revised Pricing Supplement dated March 13, 2009
replacing and superceding in its entirety the Pricing Supplement dated March 10,
2009 to the Prospectus Supplement dated April 25, 2008, supplementing the
Prospectus dated April 17, 2008, each as filed with the Securities and Exchange
Commission. The sale of the Notes was made pursuant to a Terms Agreement dated
March 10, 2009 (the "Terms Agreement") among the Company and Morgan Stanley &
Co. Incorporated and Wachovia Capital Markets, LLC, as representatives of the
several purchasing agents named in the Terms Agreement. The Terms Agreement is
filed as Exhibit 1.1 hereto. The Notes are guaranteed by the Federal Deposit
Insurance Corporation under its Temporary Liquidity Guarantee Program. The
Company received net proceeds, after the underwriting discount, but before
deducting other expenses of the offering, of approximately $748,785,000.
The Notes were issued under an Indenture dated as of October 1, 1991, between
the Company and Citibank, N.A. (the "Trustee"), as supplemented by a First
Supplemental Indenture dated as of August 6, 2001 between the Company and the
Trustee, and as further supplemented by a Second Supplemental Indenture dated as
of March 13, 2009 (the "Second Supplemental Indenture") between the Company and
the Trustee. The Second Supplemental Indenture is filed as Exhibit 4.1 hereto.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
1.1 Terms Agreement dated March 10, 2009 between U.S. Bancorp and the Purchasing
Agents named therein.
4.1 Second Supplemental Indenture dated March 13, 2009 between U.S. Bancorp and
Citibank, N.A.