Citizens Financial Group, Inc.
Citizens Financial Group Completes $750M Senior Notes Issuance
Summary
On March 5, 2025, Citizens Financial Group, Inc. completed the issuance of $750 million aggregate principal amount of 5.253% Fixed/Floating Rate Senior Notes due 2031. The notes were issued under an Indenture and will bear interest at specified rates. The company intends to use the net proceeds for general corporate purposes, including securities repurchase programs, dividend payments, and debt repayment. The offering was pursuant to a Prospectus filed with the SEC.
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Exhibits (3)
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About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is a regional bank holding company providing a wide array of retail and commercial banking services. Primarily operating in the northeastern United States, Citizens Financial offers traditional banking services such as savings, checking accounts, personal and business loans, as well as wealth management and insurance products. Retail banking serves a diverse customer base through a network of branches and ATMs, focusing on local communities and customer service. On the commercial side, the bank provides comprehensive financial solutions including commercial loans, leasing, and capital markets capabilities, catering to mid-sized businesses and larger institutions. Founded in 1828 and headquartered in Providence, Rhode Island, Citizens Financial Group plays a significant role in promoting economic growth through its community banking efforts, maintaining strong regional banking relationships and supporting local development projects.
Official SEC Documents
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