Citizens Financial Group Files 8-K on Preferred Stock
Ticker: CFG-PI · Form: 8-K · Filed: Jul 23, 2024 · CIK: 759944
| Field | Detail |
|---|---|
| Company | Citizens Financial Group Inc/Ri (CFG-PI) |
| Form Type | 8-K |
| Filed Date | Jul 23, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $1.25 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: preferred-stock, disclosure, financials
Related Tickers: CFG
TL;DR
CFG filed an 8-K detailing its Series E and Series H preferred stock. Nothing major, just housekeeping.
AI Summary
Citizens Financial Group, Inc. (CFG) filed an 8-K on July 23, 2024, to report on other events and financial statements. The filing specifically mentions depositary shares representing interests in its 5.000% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series E, and Series H.
Why It Matters
This filing provides transparency regarding Citizens Financial Group's preferred stock offerings, which are important for investors to understand the company's capital structure and financial obligations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and does not indicate any new or significant risks for the company.
Key Players & Entities
- CITIZENS FINANCIAL GROUP INC/RI (company) — Registrant
- 0000759944 (company) — Central Index Key
- 5.000% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series E (dollar_amount) — Preferred Stock Series
- Series H Preferred Stock (dollar_amount) — Preferred Stock Series
- July 23, 2024 (date) — Report Date
FAQ
What is the purpose of this 8-K filing for Citizens Financial Group?
The purpose of this 8-K filing is to report on 'Other Events' and 'Financial Statements and Exhibits' as of July 23, 2024.
What specific financial instruments are mentioned in the filing?
The filing mentions depositary shares, each representing a 1/40th interest in a share of 5.000% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series E, and Series H.
What is the ticker symbol for Citizens Financial Group?
While not explicitly stated in the provided text, Citizens Financial Group is a publicly traded company and its common stock is listed on the New York Stock Exchange.
What is the state of incorporation for Citizens Financial Group?
Citizens Financial Group, Inc. is incorporated in Delaware.
What is the principal executive office address for Citizens Financial Group?
The principal executive office address is One Citizens Plaza, Providence, RI 02903.
Filing Stats: 991 words · 4 min read · ~3 pages · Grade level 11.6 · Accepted 2024-07-23 16:50:02
Key Financial Figures
- $0.01 — nge on which registered Common stock, $0.01 par value per share CFG New York St
- $1.25 billion — e issuance and sale (the "Offering") of $1.25 billion aggregate principal amount of 5.718% Fi
Filing Documents
- d860192d8k.htm (8-K) — 35KB
- d860192dex11.htm (EX-1.1) — 156KB
- d860192dex42.htm (EX-4.2) — 198KB
- d860192dex51.htm (EX-5.1) — 5KB
- g860192g0723102535527.jpg (GRAPHIC) — 4KB
- g860192g0723111308443.jpg (GRAPHIC) — 5KB
- 0001193125-24-182987.txt ( ) — 660KB
- cfg-20240723.xsd (EX-101.SCH) — 4KB
- cfg-20240723_def.xml (EX-101.DEF) — 13KB
- cfg-20240723_lab.xml (EX-101.LAB) — 22KB
- cfg-20240723_pre.xml (EX-101.PRE) — 14KB
- d860192d8k_htm.xml (XML) — 7KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 1.1 Underwriting Agreement, dated as of July 18, 2024, between the Company, and Barclays Capital Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and Citizens JMP Securities, LLC, as representatives of the several underwriters listed on Schedule I thereto 4.1 Base Indenture, dated as of October 28, 2015, between the Company and The Bank of New York Mellon (incorporated herein by reference to Exhibit 4.1 of Registration Statement on Form S-3, filed October 29, 2015) 4.2 Ninth Supplemental Indenture, dated as of July 23, 2024, between the Company and The Bank of New York Mellon 4.3 Form of 5.718% Fixed/Floating Rate Senior Note due July 23, 2032 (included in Exhibit 4.2) 5.1 Opinion of Sullivan & Cromwell LLP 23.1 Consent of Sullivan & Cromwell LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CITIZENS FINANCIAL GROUP, INC. By: /s/ Robin S. Elkowitz Name: Robin S. Elkowitz Title: Executive Vice President, Deputy General Counsel and Secretary Date: July 23, 2024