FIRST CITIZENS BANCSHARES, INC. Issuer And Trustee FIRST SUPPLEMENTAL INDENTUREFirst Supplemental Indenture • March 4th, 2020 • First Citizens Bancshares Inc /De/ • State commercial banks • New York
350,000,000 Aggregate Principal Amount ofUnderwriting Agreement • March 4th, 2020 • First Citizens Bancshares Inc /De/ • State commercial banks • New York
First Citizens BancShares, Inc., a Delaware corporation (the “Company”), proposes to issue and sell to Piper Sandler & Co. (the “Underwriter” or “you”) $350,000,000 aggregate principal amount of its 3.375% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Securities”). The Securities are to be issued pursuant to a Subordinated Debt Indenture, to be dated as of March 4, 2020 (the “Base Indenture”), between the Company, as issuer, and U.S. Bank National Association, as the trustee (the “Trustee”), as supplemented by a First Supplemental Indenture between the Company and the Trustee, to be dated as of March 4, 2020 (the “First Supplemental Indenture” and the Base Indenture, as supplemented by the First Supplemental Indenture, the “Indenture”).
