By Kiku Steinfeld
Chicago, June 23 – Citigroup Global Markets Holdings Inc. priced $5.01 million of callable step-up coupon notes due June 16, 2036, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be 2.375% initially, stepping up to 3% on June 16, 2026 and to 3.5% on June 16, 2031. Interest will be payable semiannually.
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 June 16, 2024.
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: | $5,009,000
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| Maturity: | June 16, 2036
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| Coupon: | 2.375% initially, stepping up to 3% on June 16, 2026 and to 3.5% on June 16, 2031; payable semiannually
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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 June 16, 2024
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| Pricing date: | June 14
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| Settlement date: | June 16
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| Underwriter: | Citigroup Global Markets Inc.
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| Fees: | 1.65%
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| Cusip: | 17298CMG0
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