Company: HBAN
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000049196-25-000020
Chunk: 49

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 49
---
.01% Huntington National Bank senior notes due 2025— 467 5.70% Huntington National Bank senior notes due 2025— 1,060 4.55% Huntington National Bank senior notes due 2028776 776 5.65% Huntington National Bank senior notes due 2030878 899 Subordinated Notes:4.60% Huntington National Bank subordinated notes due 2025130 129 4.27% Huntington National Bank subordinated notes due 2026224 223 4.13% Huntington National Bank subordinated notes due 2029— 156 5.50% Huntington National Bank subordinated notes due 2030161 154 Total notes issued by the Bank2,169 4,142 FHLB Advances:4.64% weighted average rate, varying maturities4,696 2,731 Auto Loan Securitization Trust (4)1,023 — Credit Linked Notes (5)821 — Other:Huntington Technology Finance nonrecourse debt, 5.96% weighted average interest rate, varying maturities353 343 7.64% Huntington Preferred Capital II - Class I securities (6)— 50 7.19% Huntington Preferred Capital II - Class J securities (7)75 75 7.69% Huntington Preferred Capital II - Class L securities (8)60 60 Total long-term debt$16,374 $12,394 (1)Variable effective rate at December 31, 2024, based on three-month SOFR +0.96%.(2)Variable effective rate at December 31, 2024, based on three-month SOFR +0.886%.(3)Variable effective rate at December 31, 2024, based on three-month SOFR +1.66%.

126     Huntington Bancshares Incorporated

Table of Contents

(4)Represents secured borrowings collateralized by auto loans with a weighted average rate of 5.31% due through 2029. See Note 20 - “Variable Interest Entities” for additional information.(5)See details of credit linked notes in the following table.(6)Variable effective rate at December 31, 2024, based on three-month SOFR +2.00%.(7)Variable effective rate at December 31, 2024, based on three-month SOFR +2.60%.(8)Variable effective rate