secwatch.observer — SEC 8-K summary
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Issuer:     CITIZENS FINANCIAL GROUP INC/RI (CFG)
CIK:        0000759944
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001193125-24-182987
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citizens Financial issues $1.25B in 5.718% Fixed/Floating Senior Notes due 2032
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- Completed $1.25B aggregate principal amount of 5.718% Fixed/Floating Rate Senior Notes due July 23, 2032.
- Fixed rate of 5.718% from July 23, 2024 to July 23, 2031; then SOFR plus 1.910% for final year.
- Proceeds for general corporate purposes, including debt repayment, dividends, repurchases, and acquisitions.
- Underwriters include Barclays, Citigroup, Goldman Sachs, Morgan Stanley, and Citizens JMP Securities.
- Issued under Ninth Supplemental Indenture dated July 23, 2024 with BNY Mellon as trustee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/759944/000119312524182987/0001193125-24-182987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/759944/000119312524182987/d860192d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-182987

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