Citizens Bank Notes Offering

March 14, 2016

Cleary Gottlieb represented the dealers, led by Citigroup, in connection with the offering of $750 million aggregate principal amount of 2.500% Senior Notes due 2019 of Citizens Bank, pursuant to the Bank’s global bank note program. The offering closed on March 14, 2016.

Cleary has represented the underwriters in numerous other offerings of Citizens Financial Group securities, including the initial public offering of Citizens’ common stock in September 2014.

Citizens Bank, N.A is a wholly-owned subsidiary of Citizens. Citizens is the 13th largest retail bank holding company in the United States (according to SNL Financial). Headquartered in Providence, Rhode Island, Citizens delivers a broad range of retail and commercial banking products and services to  individuals, institutions and companies.