Citizens Financial Group Completes $750 Million Senior Notes Offering

Providence, Rhode Island – March 5, 2025 – Citizens Financial Group, Inc. (NYSE: CFG) has announced the successful completion of its $750 million fixed/floating rate senior notes offering due 2031.

Key Details of the Offering
Issued Notes: $750 million aggregate principal amount
Fixed Interest Rate: 5.253% per annum from March 5, 2025, to March 5, 2030
Floating Interest Rate: SOFR + 1.259% from March 5, 2030, to March 5, 2031
Maturity Date: March 5, 2031
Use of Proceeds: General corporate purposes, including securities repurchase programs, dividend payments, debt repayment, acquisitions, and subsidiary investments
Regulatory & Compliance
The issuance was completed under the Indenture dated October 28, 2015, as amended by the Tenth Supplemental Indenture dated March 5, 2025, between Citizens Financial Group, Inc. and The Bank of New York Mellon, as Trustee.

The offering was made pursuant to Citizens Financial Group’s Registration Statement on Form S-3 (File No. 333-282511) and was led by Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Citizens JMP Securities, LLC as underwriters.