By Angela McDaniels
Tacoma, Wash., April 30 – Citigroup Global Markets Holdings Inc. priced $3.62 million of callable step-up coupon notes due May 1, 2022, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The interest rate is 2.6% in year one, 2.7% in year two and 2.8% in year three. Interest is payable semiannually.
The payout at maturity will be par.
Beginning on May 1, 2020, the notes will be callable at par on any annual redemption date.
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: | $3,624,000
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Maturity: | May 1, 2022
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Coupon: | 2.6% in year one, 2.7% in year two and 2.8% in year three; payable semiannually
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Price: | Par
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Payout at maturity: | Par
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Call option: | At par on any annual redemption date beginning May 1, 2020
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Pricing date: | April 29
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Settlement date: | May 1
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 0.4%
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Cusip: | 17326Y6S0
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