First Citizens BancShares, Inc. 3.375% 15-MAR-2030First Citizens BancShares, Inc. 3.375% 15-MAR-2030First Citizens BancShares, Inc. 3.375% 15-MAR-2030

First Citizens BancShares, Inc. 3.375% 15-MAR-2030

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Key terms


Outstanding amount
‪350.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
3.38% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
3.56%
Maturity date
Mar 15, 2030
Term to maturity
5 years

About First Citizens BancShares, Inc. 3.375% 15-MAR-2030


Sector
Finance
Industry
Regional Banks
Issue date
Mar 4, 2020
FIGI
BBG00S1J8943
First Citizens BancShares, Inc. is a bank holding company, which provides retail and commercial banking services through its subsidiaries. The company operates under the following segments: General Banking, Commercial Banking, Rail, and Corporate. The General Banking delivers services to individuals through branch networks. The Commercial Banking provides lending, leasing and other financial and advisory services to small and middle market companies. The Rail segment deals with the provision of equipment leasing and secured financing for railroads and shippers. The Corporate segment is comprised of investment securities and interest bearing cash. The company was founded on August 7, 1986 and is headquartered in Raleigh, NC.
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