secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)
CIK:        0000798941
Form:       8-K
Filed at:   2025-03-12T23:59:59+00:00
Accession:  0001193125-25-052974
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Citizens BancShares issues $1.25B in senior and subordinated notes
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- $500M of 5.231% Fixed-to-Floating Rate Senior Notes due 2031 issued.
- $750M of 6.254% Fixed-to-Fixed Rate Subordinated Notes due 2040 issued.
- Offering underwritten by Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.
- Proceeds will be used for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798941/000119312525052974/0001193125-25-052974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798941/000119312525052974/d853133d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-052974

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