debt
confidence high
sentiment neutral
materiality 0.50
First Citizens BancShares issues $500M of 4.869% senior notes due 2032
FIRST CITIZENS BANCSHARES INC /DE/
- Issued $500M aggregate principal of 4.869% Fixed-to-Floating Rate Senior Notes due 2032.
- Notes sold in public offering on March 3, 2026 via prospectus supplement dated Feb 25, 2026.
- Underwriters: J.P. Morgan, BofA Securities, Wells Fargo Securities.
- Notes issued under senior base indenture dated March 12, 2025 with U.S. Bank Trust as trustee.
- Use of proceeds not specified; typical for general corporate purposes.