By Wendy Van Sickle
Columbus, Ohio, March 20 – Citigroup Global Markets Holdings Inc. priced $500,000 of callable step-up coupon notes due March 20, 2020, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
Interest will be 1.5% initially, stepping up to 2% on March 20, 2018 and to 2.5% on March 20, 2019. Interest will be payable semiannually.
The payout at maturity will be par.
The notes will be callable at par on any quarterly date beginning in March 2018.
Citigroup Global Markets Inc. is the underwriter.
Issuer: | Citigroup Global Markets Holdings Inc.
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Guarantor: | Citigroup Inc.
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Issue: | Callable step-up coupon notes
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Amount: | $500,000
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Maturity: | March 20, 2020
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Coupon: | 1.5% initially, stepping up to 2% on March 20, 2018 and to 2.5% on March 20, 2019; payable semiannually
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Price: | Par
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Payout at maturity: | Par
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Call option: | At par on any quarterly beginning in March 2018
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Pricing date: | March 15
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Settlement date: | March 20
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Agent: | Citigroup Global Markets Inc.
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Fees: | 0.4%
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Cusip: | 17324CFY7
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