Citizens Financial Group $2.6 billion secondary public offering

2/8/2015

Share offer

Value:

$ 2.6 billion

Status:

Completed

Date:

2/8/2015

Overview:

Citizens Financial Group, based in Providence, Rhode Island, offered 98,900,000 shares of common stock, worth $2.6 billion on the New York Stock Exchange.
The offer included full exercise of the underwriters’ option to acquire additional shares.
Morgan Stanley, Goldman Sachs, JP Morgan and Citigroup acted as underwriters.

Rani Mehta - Journalist

Jurisdiction:

United States

Deal type:

Share offer

Practice area:

Capital markets : Equity

Industry sector:

Financial services

Firms:

Cleary Gottlieb Steen & Hamilton

Party: Morgan Stanley (Underwriter)

Party: Goldman Sachs (Underwriter)

Party: JP Morgan (Underwriter)

Party: Citigroup (Underwriter)

Davis Polk & Wardwell

Party: Citizens Financial Group (Issuer)

Lawyers: Luigi De Ghenghi, Nicholas Kronfeld

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