Citizens Financial Group Announces Redemption of Subordinated Notes
PROVIDENCE, R.I.--(BUSINESS WIRE)--May 30, 2025--
Citizens Financial Group, Inc. (NYSE: CFG) today announced the redemption on July 3, 2025, of all of its outstanding 4.35% Fixed-Rate Subordinated Notes due August 1, 2025 (CUSIP No. 174610AJ4) (the 'Notes'). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest to, but excluding, the redemption date of July 3, 2025.
In accordance with the indenture governing the Notes, the holders of the Notes will receive notice of the redemption, the redemption price and further instructions and details related to the process of such redemption. Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $220.1 billion in assets as of March 31, 2025. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X, LinkedIn or Facebook.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20250530205633/en/
CONTACT: Media: Peter Lucht - 781.655.2289
Investors: Kristin Silberberg - 203.900.6854
KEYWORD: RHODE ISLAND UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: FINANCE BANKING PROFESSIONAL SERVICES SMALL BUSINESS ASSET MANAGEMENT
SOURCE: Citizens Financial Group, Inc.
Copyright Business Wire 2025.
PUB: 05/30/2025 10:25 AM/DISC: 05/30/2025 10:25 AM
http://www.businesswire.com/news/home/20250530205633/en
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