By Sarah Lizee
Olympia, Wash., Aug. 6 – Citigroup Global Markets Holdings Inc. priced $15 million of floating-rate notes due July 31, 2025, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The interest rate is Libor plus 72 basis points. Interest is payable quarterly and cannot be less than zero.
The payout at maturity will be par.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Floating-rate notes
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| Amount: | $15 million
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| Maturity: | July 31, 2025
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| Coupon: | Libor plus 72 bps, subject to a floor of zero; payable quarterly
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| Price: | Par
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| Payout at maturity: | Par
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| Pricing date: | July 29
|
| Settlement date: | July 31
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 0.5%
|
| Cusip: | 17328W3J5
|
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