Citizens Financial issues $400M of 6.750% Series J Preferred Stock

CITIZENS FINANCIAL GROUP INC/RI

Issued 400,000 shares of 6.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series J, liquidation preference $1,000/share.
Underwriting agreement with BofA, J.P. Morgan, Morgan Stanley, Wells Fargo, and Citizens JMP Securities.
Dividend restrictions on common and junior stock if Series J dividends are not declared and paid.
Certificate of Designations filed with Delaware Secretary of State on July 27, 2026.
Proceeds not specified; offering closed July 30, 2026.

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