Citizens Bank, N.A. Announces Redemption of Senior Notes
May 02 2024 - 9:30AM
Business Wire
Citizens Bank, N.A. today announced the redemption on May 23,
2024 (the “Redemption Date”) all of its outstanding $650,000,000
aggregate principal amount 4.119% Fixed/Floating Rate senior Notes
due May 23, 2025 (CUSIP No. 75524KNQ3) (the “Notes”). The
redemption price for the Notes will be equal to 100% of principal
amount of the Notes redeemed, plus any accrued and unpaid interest
thereon to, but excluding, the Redemption Date.
On and after the Redemption Date, the Notes will no longer be
deemed outstanding and interest will no longer accrue on the Notes.
Payment of the redemption price for the Notes will be made through
the facilities of The Depository Trust Company.
About Citizens Financial Group,
Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and
largest financial institutions, with $220.4 billion in assets as of
March 31, 2024. Headquartered in Providence, Rhode Island, Citizens
offers a broad range of retail and commercial banking products and
services to individuals, small businesses, middle-market companies,
large corporations and institutions. Citizens helps its customers
reach their potential by listening to them and by understanding
their needs in order to offer tailored advice, ideas and solutions.
In Consumer Banking, Citizens provides an integrated experience
that includes mobile and online banking, a full-service customer
contact center and the convenience of approximately 3,200 ATMs and
more than 1,100 branches in 14 states and the District of Columbia.
Consumer Banking products and services include a full range of
banking, lending, savings, wealth management and small business
offerings. In Commercial Banking, Citizens offers a broad
complement of financial products and solutions, including lending
and leasing, deposit and treasury management services, foreign
exchange, interest rate and commodity risk management solutions, as
well as loan syndication, corporate finance, merger and
acquisition, and debt and equity capital markets capabilities. More
information is available at www.citizensbank.com or visit us on X
(formerly Twitter), LinkedIn or Facebook.
CFG-IR
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