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Published on 7/21/2015 in the Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Citizens Financial intends to sell subordinated notes due 2025

By Aleesia Forni

Virginia Beach, July 21 – Citizens Financial Group Inc. is planning to price an offering of subordinated notes due 2025, according to a filing with the Securities and Exchange Commission.

BofA Merrill Lynch is the bookrunner.

The Providence, R.I.-based bank plans to use the proceeds for general corporate purposes.


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