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…

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