Citizens Bank NA (CFG) 2022-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD650.0003May-25Sr. UnsecuredBaa1A-BBB+VariableTsyT+145 aT+1451454.12%30100.00000
USD400.00015May-37Subordinated-BBBBBBFixedTsyT+275 aT+2752755.64%30100.00000
Tranche Comments
3 yr: Book size: 760; First Pay: 2022-11-23; Redemption: 2024-05-23; Registration: Registered; Comments: US$650m 4.119% cpn 3yr FXD(5/23/25) at 100, yld 4.119%. Spread: T+145bp. Back-End: SOFR+139.5bp.LEI: DRMSV1Q0EKMEXLAU1P80; 15 yr: Book size: 650; First Pay: 2022-11-23; Redemption: 2032-05-21; Registration: Registered; Comments: US$400m 5.641% cpn 15yr (5/21/37)) at 100, yld 5.641%. Spread: T+275bp.LEI: 2138004JDDA4ZQUPFW65;
Deal Comments
Citizens Financial Group Inc (15yr). Active Bookrunners: MOS(B&D), JPM, BAM, GSC. Passive Bookrunners: CIZ
Use of Proceeds
General Corporate Purposes
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