Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CITIGROUP INC Capital/Financing Update 2014

Jun 10, 2014

14792_rns_2014-06-10_a8b25323-5942-47d7-b631-67ffdc57c038.zip

Capital/Financing Update

Open in viewer

Opens in your device viewer

US$1,250,000,000 F ILED PURSUANT TO RULE 433
3.750% S ENIOR N OTES D UE 2024 F ILE N O . 333-192302

Terms and Conditions:

Issuer: Citigroup Inc.
Ratings*: Baa2 (stable outlook) / A- (negative outlook) / A (stable outlook) (Moody’s / S&P / Fitch)
Trade Date: June 9, 2014
Settlement Date: June 16, 2014 (T+5 days)
Maturity: June 16, 2024
Par Amount: $1,250,000,000
Semi-Annual Coupon: 3.750% per annum.
Re-offer Spread to Benchmark: T10 + 115 basis points
Re-offer Yield: 3.765% per annum
Public Offering Price: 99.876%
Net Proceeds to Citigroup: $1,243,137,500 (before expenses)
Interest Payment Dates: The 16 th of each June and December, beginning December 16, 2014. Following business day convention.
Day Count: 30/360.
Defeasance: Applicable. Provisions of Sections 12.02 and 12.03 of the Indenture apply.
Redemption at Issuer Option: Only for tax purposes.
Redemption for Tax Purposes: Applicable at issuer option if, as a result of changes in U.S. tax law, withholding tax or information reporting requirements are imposed on payments on the notes to non-United States persons. Redemption as a whole, not in
part.
Sinking Fund: Not applicable.
Listing: Application will be made to list the notes on the regulated market of the Luxembourg Stock Exchange.
Minimum Denomination / Multiples: $1,000/ multiples of $1,000 in excess thereof
Sole Book Manager: Citigroup Global Markets Inc.
Senior Co-Managers: Barclays Capital Inc. BNP Paribas Securities
Corp. Deutsche Bank Securities Inc. HSBC Securities (USA)
Inc. Nomura Securities International, Inc. SG Americas
Securities, LLC Wells Fargo Securities, LLC
US$1,250,000,000 F ILED PURSUANT TO RULE 433
3.750% S ENIOR N OTES D UE 2024 F ILE N O . 333-192302

| Junior Co-Managers: | ANZ Securities, Inc. BBVA Securities
Inc. Drexel Hamilton, LLC Great Pacific Securities ING Financial Markets LLC Loop Capital Markets LLC MFR Securities, Inc. Mitsubishi UFJ Securities (USA), Inc. nabSecurities, LLC RB International Markets (USA) LLC RBC Capital Markets, LLC Scotia Capital (USA) Inc. Skandinaviska Enskilda Banken AB (publ) SMBC Nikko Securities
America, Inc. TD Securities (USA) LLC The Huntington
Investment Company The Williams Capital Group, L.P. |
| --- | --- |
| CUSIP: | 172967HT1 |
| ISIN: | US172967HT16 |

  • A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

Citigroup Inc. has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and the other documents Citigroup has filed with the SEC for more complete information about Citigroup and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov . The file number for Citigroup’s registration statement is No. 333-192302. Alternatively, you can request the prospectus by calling toll-free in the United States 1-800-831-9146.