Citizens Bank, NA announces redemption of senior notes

PROVIDENCE, RI–(BUSINESS WIRE)–Citizens Bank, NA today announced the redemption on April 26, 2022 (the “Redemption Date”) of all of (i) its 2.65% Senior Notes in an aggregate principal amount of $500,000,000 due May 26, 2022 (CUSIP No. 17401QAL5) and (ii) $250,000,000 floating rate senior notes in aggregate principal amount due May 26, 2022 (CUSIP No. 17401QAM3) ( collectively the “Bonds”). The redemption price for the Notes will be equal to 100% of the principal amount of the Notes redeemed, together with any accrued and unpaid interest up to the excluded redemption date.

From the date of redemption, 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 services 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 $188.4 billion in assets as of December 31, 2021. Headquartered in Providence, Rhode Island, Citizens offers a wide range of retail and commercial banking products and services for individuals, small businesses, ETIs, large corporations and institutions. Citizens helps its clients reach their potential by listening to them and understanding their needs in order to offer advice, ideas and tailor-made solutions. In Consumer Banking, Citizens offers an integrated experience that includes mobile and online banking, a 24/7 customer contact center, and the convenience of nearly 3,000 ATMs and more than 1,000 branches in 14 states and the District of Columbia. Consumer Banking’s products and services include a full range of banking, lending, savings, wealth management and small business offerings. In commercial banking, Citizens offers a wide range of financial products and solutions, including lending and leasing services, deposit and cash management services, foreign exchange risk management solutions, interest rate interest and commodities, as well as loan syndication, corporate finance, mergers and acquisitions, and debt and equity markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn Where Facebook.

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