{"id":727748,"date":"2023-02-01T10:13:05","date_gmt":"2023-02-01T15:13:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-bank-n-a-announces-redemption-of-senior-notes-3\/"},"modified":"2023-02-01T10:13:05","modified_gmt":"2023-02-01T15:13:05","slug":"citizens-bank-n-a-announces-redemption-of-senior-notes-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-bank-n-a-announces-redemption-of-senior-notes-3\/","title":{"rendered":"Citizens Bank, N.A. Announces Redemption of Senior Notes"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Citizens Bank, N.A. Announces Redemption of Senior Notes<\/b><\/p>\n<p>PROVIDENCE, R.I.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCitizens Bank, N.A. today announced the redemption on February 27, 2023 (the \u201cRedemption Date\u201d) all of its outstanding (i) $500,000,000 aggregate principal amount 3.70% Senior Notes due March 29, 2023 (CUSIP No. 17401QAQ4) and (ii) $250,000,000 aggregate principal amount Floating Rate Senior Notes due March 29, 2023 (CUSIP No. 17401QAR2) (collectively the \u201cNotes\u201d). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date.\n<\/p>\n<p>\nOn and after the Redemption Date, the Notes will no longer be deemed outstanding and interest will no longer accrue on the Notes. Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company.\n<\/p>\n<p><b><span class=\"bwuline\">About Citizens Financial Group, Inc<\/span><\/b>.\n<\/p>\n<p>\nCitizens Financial Group, Inc. is one of the nation\u2019s oldest and largest financial institutions, with $226.7 billion in assets as of December 31, 2022. 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 3,400 ATMs and approximately 1,100 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.citizensbank.com%2F&amp;esheet=53296657&amp;newsitemid=20230201005684&amp;lan=en-US&amp;anchor=www.citizensbank.com&amp;index=1&amp;md5=4582b00533e9d888f1ef69911ec66002\">www.citizensbank.com<\/a> or visit us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FCitizensBank&amp;esheet=53296657&amp;newsitemid=20230201005684&amp;lan=en-US&amp;anchor=Twitter&amp;index=2&amp;md5=68c8715520f4d47ae70741a28326adbf\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcitizens-bank&amp;esheet=53296657&amp;newsitemid=20230201005684&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=4447cfc48427e2e43c7fe44a48f99111\">LinkedIn<\/a> or <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fcitizensbank%2F&amp;esheet=53296657&amp;newsitemid=20230201005684&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=d2e2671b1c647e83690ec668f29c8e3c\">Facebook<\/a>.\n<\/p>\n<p>\nCFG-IR\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230201005684r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230201005684\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230201005684\/en\/<\/a><\/span><\/p>\n<p><b>Media: <\/b>Peter Lucht &#8211; 781.655.2289<br \/>\n<br \/><b>Investors: <\/b>Kristin Silberberg &#8211; 203.900.6854\n<\/p>\n<p><b>KEYWORDS:<\/b> Rhode Island United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230201005684\/en\/415566\/3\/CFG_Inc_TM_c.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Citizens Bank, N.A. Announces Redemption of Senior Notes PROVIDENCE, R.I.&#8211;(BUSINESS WIRE)&#8211; Citizens Bank, N.A. today announced the redemption on February 27, 2023 (the \u201cRedemption Date\u201d) all of its outstanding (i) $500,000,000 aggregate principal amount 3.70% Senior Notes due March 29, 2023 (CUSIP No. 17401QAQ4) and (ii) $250,000,000 aggregate principal amount Floating Rate Senior Notes due March 29, 2023 (CUSIP No. 17401QAR2) (collectively the \u201cNotes\u201d). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date. On and after the Redemption Date, the Notes will no longer be deemed outstanding and interest will no longer accrue on the Notes. Payment of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-bank-n-a-announces-redemption-of-senior-notes-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Citizens Bank, N.A. Announces Redemption of Senior Notes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-727748","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Citizens Bank, N.A. Announces Redemption of Senior Notes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citizens-bank-n-a-announces-redemption-of-senior-notes-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citizens Bank, N.A. Announces Redemption of Senior Notes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Citizens Bank, N.A. Announces Redemption of Senior Notes PROVIDENCE, R.I.&#8211;(BUSINESS WIRE)&#8211; Citizens Bank, N.A. today announced the redemption on February 27, 2023 (the \u201cRedemption Date\u201d) all of its outstanding (i) $500,000,000 aggregate principal amount 3.70% Senior Notes due March 29, 2023 (CUSIP No. 17401QAQ4) and (ii) $250,000,000 aggregate principal amount Floating Rate Senior Notes due March 29, 2023 (CUSIP No. 17401QAR2) (collectively the \u201cNotes\u201d). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date. On and after the Redemption Date, the Notes will no longer be deemed outstanding and interest will no longer accrue on the Notes. Payment of &hellip; Continue reading &quot;Citizens Bank, N.A. 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