Company: CFG-PE
Filing Date: 2025-02-25
Form Type: 424B2
Source: 0001193125-25-035197
Chunk: 0

Company: CITIZENS FINANCIAL GROUP INC/RI
Filing Date: 2025-02-25
Form: 424B2
Chunk 0
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Filed Pursuant to Rule 424(b)(2)
Registration No.: 333-282511 Prospectus Supplement (To Prospectus dated October 4, 2024) $750,000,000 5.253% Fixed/Floating Rate Senior Notes due 2031 We are offering $750,000,000 aggregate principal amount of our 5.253% fixed/floating rate senior notes due 2031 (the “notes”). The notes will bear interest (i) from and including March 5, 2025 to but excluding March 5, 2030 (the “Fixed Rate Period”) at a fixed rate of 5.253% per annum, payable semi-annually in arrears on March 5 and September 5 of each year, beginning on September 5, 2025 and (ii) from and including March 5, 2030 to but excluding the Maturity Date (as defined below) (the “Floating Rate Period”) by reference to the Secured Overnight Funding Rate (“SOFR”) in accordance with the formula described herein under “Description of the Notes—Payment of Principal and Interest—Calculation of Accrued Interest during Floating Rate Periods” plus 1.259%, payable quarterly in arrears on the second Business Day (as defined herein) following each Floating Rate Interest Payment Period End-Date(as defined herein); provided thatthe Floating Rate Interest Payment Date (as defined herein) with respect to the final Floating Rate Interest Payment Period (as defined herein) will be the Maturity Date or, if the notes are redeemed during the Floating Rate Period, the redemption date. The notes will mature on March 5, 2031 (the “Maturity Date”). We may, at our option, redeem the notes at the applicable times and at the applicable redemption price described herein under “Description of the Notes—Optional Redemption.” The notes will not be subject to repayment at the option of the holder at any time prior to maturity and will not be entitled to any sinking fund. The notes will be our unsecured obligations and will rank equally in right of payment with all of our other existing and future unsecured and unsubordinated indebtedness. The notes will be effectively subordinated to any of our secured indebtedness to the extent of the value of the assets securing such indebtedness. None of our existing or future subsidiaries will guarantee our obligations under the notes, and, accordingly, the notes will be structurally subordinated to all existing and future liabilities of our existing and