PROVIDENCE, R.I., March 24, 2022–(BUSINESS WIRE)–Residents Financial institution, N.A. at present introduced the redemption on April 26, 2022 (the “Redemption Date”) all of its excellent (i) $500,000,000 combination principal quantity 2.65% Senior Notes due Might 26, 2022 (CUSIP No. 17401QAL5) and (ii) $250,000,000 combination principal quantity Floating Fee Senior Notes due Might 26, 2022 (CUSIP No. 17401QAM3) (collectively the “Notes”). The redemption value for the Notes can be equal to 100% of principal quantity of the Notes redeemed, plus any accrued and unpaid curiosity thereon to, however excluding, the Redemption Date.
On and after the Redemption Date, the Notes will now not be deemed excellent and curiosity will now not accrue on the Notes. Cost of the redemption value for the Notes can be made by way of the services of The Depository Belief Firm.
About Residents Monetary Group, Inc.
Residents Monetary Group, Inc. is without doubt one of the nation’s oldest and largest monetary establishments, with $188.4 billion in property as of December 31, 2021. Headquartered in Windfall, Rhode Island, Residents gives a broad vary of retail and business banking services and products to people, small companies, middle-market firms, massive companies and establishments. Residents helps its clients attain their potential by listening to them and by understanding their wants with the intention to supply tailor-made recommendation, concepts and options. In Shopper Banking, Residents offers an built-in expertise that features cellular and on-line banking, a 24/7 buyer contact middle and the comfort of practically 3,000 ATMs and greater than 1,000 branches in 14 states and the District of Columbia. Shopper Banking services and products embody a full vary of banking, lending, financial savings, wealth administration and small enterprise choices. In Business Banking, Residents gives a broad complement of monetary merchandise and options, together with lending and leasing, deposit and treasury administration companies, international change, rate of interest and commodity danger administration options, in addition to mortgage syndication, company finance, merger and acquisition, and debt and fairness capital markets capabilities. Extra info is on the market at www.citizensbank.com or go to us on Twitter, LinkedIn or Fb.
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Contacts
Media: Peter Lucht – 781.655.2289
Buyers: Kristin Silberberg – 203.900.6854