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Citizens Financial Group 6.35% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D

Coupon is fixed at 6.35% until 4/5/2024 after which it will float at a rate of 3 month Libor plus a spread of 3.642%

Only redeemable on a dividend payment date

Ticker: CFG-D

Parent Ticker: CFG

OTC Grey Market Temporary Ticker: GFGLL

Issuance Date: 01/22/2019

1st Call Date: 04/06/2024

Maturity Date: None

Shares Issued: 12,000,000

Overallotment Shares: 0

Coupon: 6.35%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.397

Payment Months: JAN, APR, JUL, OCT

Payment Day: 6

S&P Rating: BB+

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: NA

Fitch Rating: BB-