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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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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. ....

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Stock Market | FinancialContent Business Page

Stock Market | FinancialContent Business Page
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District Of Columbia , United States , United Kingdom , Rhode Island , Peter Lucht , Citizens Financial Group Inc , United Kingdom Financial Conduct Authority , Group Benchmark Administration Ltd , Citizens Financial Group , Benchmark Administration , Shares Representing , Ownership Interest , Financial Conduct Authority , Adjustable Interest Rate , Federal Reserve System , Financial Group , Consumer Banking , Commercial Banking ,

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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