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Citizens Financial Group, Inc Announces Transition of U S LIBOR-linked Preferred Stock to Term SOFR Replacement Rate

Citizens Financial Group, Inc Announces Transition of U S LIBOR-linked Preferred Stock to Term SOFR Replacement Rate
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District of columbiaUnited statesRhode islandUnited kingdomPeter luchtCitizens financial group incUnited kingdom financial conduct authorityGroup benchmark administration ltdFinancial groupBenchmark administrationShares representingOwnership interestFinancial conduct authorityAdjustable interest rateFederal reserve systemCitizens financial group

Citizens Financial Group, Inc Announces Transition of U S LIBOR-linked Preferred Stock to Term SOFR Replacement Rate

Citizens Financial Group, Inc. (NYSE: CFG or the “Company”) announced today that, after June 30, 2023, three-month CME Term SOFR, as administered by CME Group Benchmark Administration, Ltd. (or any successor administrator), plus a tenor sprea.

District of columbiaUnited statesUnited kingdomRhode islandGroup benchmark administration ltdUnited kingdom financial conduct authorityCitizens financial group incCitizens financial groupBenchmark administrationShares representingOwnership interestFinancial conduct authorityAdjustable interest rateFederal reserve systemFinancial groupConsumer banking

Stock Market | FinancialContent Business Page

Stock Market | FinancialContent Business Page
financialcontent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialcontent.com Daily Mail and Mail on Sunday newspapers.

District of columbiaUnited statesUnited kingdomRhode islandPeter luchtCitizens financial group incUnited kingdom financial conduct authorityGroup benchmark administration ltdCitizens financial groupBenchmark administrationShares representingOwnership interestFinancial conduct authorityAdjustable interest rateFederal reserve systemFinancial group

Citizens Financial Group, Inc Announces Transition of U S LIBOR-linked Preferred Stock to Term SOFR Replacement Rate

Citizens Financial Group, Inc Announces Transition of U S LIBOR-linked Preferred Stock to Term SOFR Replacement Rate
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District of columbiaUnited statesUnited kingdomRhode islandGroup benchmark administration ltdCitizens financial group incUnited kingdom financial conduct authorityFinancial groupAnnounces transitionPreferred stockBenchmark administrationShares representingOwnership interestFinancial conduct authorityAdjustable interest rateFederal reserve system

Citizens Financial Group, Inc Announces Transition of U S LIBOR-linked Preferred Stock to Term SOFR Replacement Rate

PROVIDENCE, R.I. (BUSINESS WIRE) Jun 23, 2023

District of columbiaUnited statesUnited kingdomRhode islandKristin silberbergPeter luchtUnited kingdom financial conduct authorityGroup benchmark administration ltdCitizens financial group incFinancial groupBenchmark administrationShares representingOwnership interestFinancial conduct authorityAdjustable interest rateFederal reserve system