Citizens Financial Group Issues $400 Million in Fixed-Reset Subordinated Notes

Reuters01-30
<a href="https://laohu8.com/S/CFG">Citizens Financial Group</a> Issues $400 Million in Fixed-Reset Subordinated Notes

Citizens Financial Group Inc. has completed the issuance and sale of $400 million in aggregate principal amount of 5.299% Fixed-Reset Subordinated Notes due 2036. The offering, finalized on January 29, 2026, was conducted under the company’s registration statement and related prospectus filed with the Securities and Exchange Commission. The notes will pay interest semi-annually at a fixed rate of 5.299% per annum until January 29, 2031, after which the rate will reset to the Five-Year U.S. Treasury Rate plus 1.450% per annum until maturity. Net proceeds from the offering will be used for general corporate purposes, including potential securities repurchase programs, dividend payments, capital expenditures, working capital, and debt repayment or reduction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citizens Financial Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-029534), on January 29, 2026, and is solely responsible for the information contained therein.

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