Published on 1/20/2023 in the Prospect News Investment Grade Daily.
New Issue: Citigroup prices $112.76 million 5.4% callable fixed-rate notes
By Wendy Van Sickle
Columbus, Ohio, Jan. 20 – Citigroup Inc. priced $112.76 million of callable fixed-rate 5.4% notes due Jan. 20, 2026, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable semiannually.
After one year, the notes will be callable quarterly at par.
Citigroup Global Markets Inc. is the underwriter.
Issuer: | Citigroup Inc.
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Issue: | Callable fixed-rate notes
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Amount: | $112,756,000
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Maturity: | Jan. 20, 2026
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Coupon: | 5.4%; payable semiannually
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Price: | Par
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Payout at maturity: | Par
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Call: | At par quarterly after one year
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Pricing date: | Jan. 18
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Settlement date: | Jan. 20
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 0.33%
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Cusip: | 17290ALC2
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