By Toni Weeks
San Luis Obispo, Calif., March 12 – Citigroup Inc. priced $5 million of non-callable floating-rate notes due March 13, 2020, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon will be Libor, subject to a minimum rate of 1.3% and a maximum interest rate of 4.3%. Interest is payable quarterly.
The payout at maturity will be par.
Citigroup Global Markets Inc. is the underwriter.
Issuer: | Citigroup Inc.
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Issue: | Non-callable floating-rate notes
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Amount: | $5 million
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Maturity: | March 13, 2020
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Coupon: | Libor, subject to a minimum rate of 1.3% and a maximum rate of 4.3%; payable quarterly
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Price: | Par
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Payout at maturity: | Par
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Pricing date: | March 10
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Settlement date: | March 13
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 0.4%
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Cusip: | 1730T05F2
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