Company: FCNCB
Filing Date: 2025-03-07
Form Type: 424B5
Source: 0001193125-25-049895
Chunk: 51

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-07
Form: 424B5
Chunk 51
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 such consolidation or into which we are merged or the person which acquires by sale,                                                                                                                                                
 conveyance, or transfer or other disposition, or which leases, all or substantially all of such properties and assets shall be a corporation, association, partnership, limited liability company, joint-stock company, or business trust, shall be      
 organized and validly existing under the laws of the United States of America, any State thereof or the District of Columbia and shall expressly assume, by a supplemental indenture, executed and delivered to the Trustee, in form satisfactory to the 
 Trustee, the due and punctual payment of the principal of and interest on all the senior notes and the performance or observance of every other covenant of the Senior Indenture on our part to be performed or observed;                                |

| • |     | immediately after giving effect to such transaction and treating any indebtedness which becomes an obligation of                                                                                                                                        
 BancShares or a subsidiary as a result of such transaction as having been incurred by BancShares or such subsidiary at the time of such transaction, no event of default or covenant breach, and no event which, after notice or lapse of time or both, 
 would become an event of default or covenant breach, shall have happened and be continuing;                                                                                                                                                             |

| • |     | if, as a result of any such consolidation or merger or such conveyance, transfer, or lease, such properties or                                                                                                                                   
 assets would become subject to a mortgage, pledge, lien, security interest or other encumbrance which would not be permitted by the Senior Indenture, BancShares or such successor person, as the case may be, shall take such steps as shall be 
 necessary effectively to secure the senior notes equally and ratably with (or prior to) all indebtedness secured thereby; and                                                                                                                    |

| • |     | we have delivered to the Trustee an officers’ certificate and an opinion of counsel, each stating that such                                                                                                                 
 consolidation, merger, conveyance, transfer, or lease and such supplemental indenture comply with this covenant and that all conditions precedent herein provided for relating to such transaction have been complied with. |

Further Issues If no event of default or covenant breach has occurred and is continuing with respect to the senior notes, we may, from time to time, without notice to or the consent of the holders of the senior notes, create and issue additional senior notes under the Senior Indenture ranking equally with the senior notes and with identical terms in all respects (or in all respects except for the