Citizens authorizes sale of $300M in Series C Preferred Stock

PROVIDENCE – Citizens Financial Group Inc. has authorized an offering 300,000 shares of Series C Preferred Stock at $1,000 per share, the company announced Wednesday. The stock will be 6.375 percent fixed-to-floating rate, non-cumulative perpetual preferred stock that will not have voting rights – with few exceptions. The initial public offering, if completely sold, will…

Want More?

Subscribe or register with Providence Business News to keep reading.

for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -