secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)
CIK:        0000798941
Form:       8-K
Filed at:   2025-09-05T23:59:59+00:00
Accession:  0001193125-25-197315
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Citizens BancShares issues $600M of 5.600% subordinated notes due 2035
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- Issued $600M of 5.600% Fixed Rate Reset Subordinated Notes due 2035 on Sept 5, 2025.
- Notes sold in public offering; terms governed by subordinated base indenture and third supplemental indenture.
- Underwriting syndicate led by BofA Securities and Morgan Stanley.
- Notes are subordinated and rank junior to senior debt obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798941/000119312525197315/0001193125-25-197315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798941/000119312525197315/d92807d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-197315

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