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Published on 5/19/2022 in the Prospect News Investment Grade Daily and Prospect News Structured Products Daily.

New Issue: Citigroup prices $92.23 million callable fixed-rate notes due 2032

By Wendy Van Sickle

Columbus, Ohio, May 19 – Citigroup Inc. priced $92.23 million of callable fixed-rate 5% notes due May 18, 2032, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate is payable semiannually.

The notes will be callable quarterly at par starting May 18, 2024.

The payout at maturity will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Inc.
Issue:Callable fixed-rate notes
Amount:$92.23 million
Maturity:May 18, 2032
Coupon:5%; payable semiannually
Call:At par quarterly at par starting May 18, 2024
Price:Par
Payout at maturity:Par
Pricing date:May 16
Settlement date:May 18
Underwriter:Citigroup Global Markets Inc.
Fees:1.05%
Cusip:17290A4A5

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