Citizens Bank seeks to raise $1.5B through note offerings

CITIZENS FINANCIAL GROUP, holding company for Providence-based Citizens Bank, is offering to sell $1.5 billion in senior unsecured notes this week . / BLOOMBERG FILE PHOTO/KELVIN MA
PROVIDENCE – Rhode Island’s largest bank is looking to raise $1.5 billion through note offerings this week. Providence-based Citizens Financial Group Inc., the holding company for Citizens Bank, Monday announced it is selling $1.5 billion in senior unsecured notes with an expected closing date of Feb 14. The bank said it intends to use the…

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