By Wendy Van Sickle
Columbus, Ohio, May 1 – Citigroup Global Markets Holdings Inc. priced $799,000 of callable step-up coupon notes due April 30, 2035, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be 2.625% initially, stepping up to 3% on April 30, 2025 and to 3.5% on April 30, 2030. Interest will be payable quarterly.
The payout at maturity will be par plus any interest.
The notes will be callable at par, in whole and not in part, on any quarterly redemption date starting April 30, 2021.
The notes are guaranteed by Citigroup Inc.
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: | $799,000
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Maturity: | April 30, 2035
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Coupon: | 2.625% initially, stepping up to 3% on April 30, 2025 and to 3.5% on April 30, 2030; payable quarterly
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Price: | Par
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Payout at maturity: | Par plus any interest due
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Call option: | At par on any quarterly redemption date starting April 30, 2021
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Pricing date: | April 28
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Settlement date: | April 30
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Agent: | Citigroup Global Markets Inc.
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Fees: | 1.65%
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Cusip: | 17328VNR7
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