Citizens Financial Group Announces Expiration and Expiration Date Results of its Private Exchange Offers for ...
(World News USA)

PROVIDENCE, R.I.--(BUSINESS WIRE)--Sep 28, 2020-- Citizens Financial Group, Inc. (“Citizens”) (NYSE: CFG) today announced the expiration and expiration date results of its two previously announced related transactions to repurchase five series of its outstanding subordinated notes. Exchange Offers The first transaction consists of five concurrent, but separate, private offers to exchange (the “Exchange Offers”) any and all of the outstanding series of subordinated notes described in the table below (collectively, the “Old Notes”) for a combination of newly issued Subordinated Notes due 2032 of Citizens (the “New Notes”) and an additional cash payment, in each case, on the terms and subject...