secwatch.observer — SEC 8-K summary
======================================

Issuer:     CITIZENS FINANCIAL GROUP INC/RI (CFG)
CIK:        0000759944
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001193125-24-012960
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Financial issues $1.25B of 5.841% Fixed/Floating Senior Notes due 2030
-------------------------------------------------------------------------------

- Issued $1.25B aggregate principal of 5.841% Fixed/Floating Rate Senior Notes due Jan 23, 2030.
- Fixed rate of 5.841% through Jan 23, 2029, then SOFR plus 2.01% for final year.
- Underwriting led by Barclays, BofA Securities, Goldman Sachs, Morgan Stanley, and Citizens JMP Securities.
- Net proceeds to be used for general corporate purposes, including debt repayment, share repurchases, dividends, and potential acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/759944/000119312524012960/0001193125-24-012960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/759944/000119312524012960/d645837d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-012960

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer