New Issue: Citigroup prices $117.52 million 5% five-year callable notes

By Wendy Van Sickle

Columbus, Ohio, July 20 – Citigroup Inc. priced $117.52 million of 5% five-year callable notes, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable semiannually.

Beginning July 20, 2023, the notes will be callable quarterly at par.

The payout at maturity will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Amount:	$117,516,000
Issue:	Callable fixed-rate notes
Maturity:	July 20, 2027
Underwriter:	Citigroup Global Markets Inc.
Trustee:	Bank of New York Mellon
Coupon:	5%, payable semiannually
Payout at maturity:	Par
Call option:	Quarterly beginning July 20, 2023, at par
Pricing date:	July 18
Settlement date:	July 20
Fees:	0.55%
Cusip:	17290AL57

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