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Published on 9/4/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $10 million callable fixed-rate notes due 2031

By Wendy Van Sickle

Columbus, Ohio, Sept. 4 – Citigroup Inc. priced $10 million of callable fixed-rate 3% notes due Aug. 30, 2031, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate payable quarterly.

After one year, 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.
Issue:Callable fixed-rate notes
Amount:$10 million
Maturity:Aug. 30, 2031
Coupon:3%; payable quarterly
Call:At par quarterly after one year
Price:Par
Payout at maturity:Par
Pricing date:Aug. 28
Settlement date:Aug. 30
Underwriter:Citigroup Global Markets Inc.
Fees:1.1%
Cusip:17298CH76

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