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CITIGROUP INC — Capital/Financing Update 2014
Aug 8, 2014
14792_rns_2014-08-08_89b3c678-3b09-482d-b6a0-aec206a459f9.zip
Capital/Financing Update
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| US$1,250,000,000 | F ILED PURSUANT TO RULE 433 |
|---|---|
| 1.550% S ENIOR N OTES D UE 2017 | F ILE N O . 333-192302 |
Terms and Conditions:
| Issuer: | Citigroup Inc. |
|---|---|
| Ratings*: | Baa2 (stable outlook)/A- (negative outlook)/A (stable outlook) (Moodys / S&P / Fitch) |
| Trade Date: | August 7, 2014 |
| Settlement Date: | August 14, 2014 (T+5 days) |
| Maturity: | August 14, 2017 |
| Par Amount: | $1,250,000,000 |
| Semi-Annual Coupon: | 1.550% per annum |
| Re-offer Spread to Benchmark: | T3 + 72 basis points |
| Re-offer Yield: | 1.598% per annum |
| Public Offering Price: | 99.860% |
| Net Proceeds to Citigroup: | $1,245,125,000 (before expenses) |
| Interest Payment Dates: | The 14 th of each February and August, beginning February 14, 2015. 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: | Credit Suisse Securities (USA) LLC |
| Deutsche Bank Securities Inc. | |
| HSBC Securities (USA) Inc. | |
| UBS Securities LLC | |
| UniCredit Capital Markets LLC | |
| Wells Fargo Securities, LLC |
| US$1,250,000,000 | F ILED PURSUANT TO RULE 433 |
|---|---|
| 1.550% S ENIOR N OTES D UE 2017 | F ILE N O . 333-192302 |
| Junior Co-Managers: | ABN AMRO Securities (USA) LLC Apto Partners, LLC BB&T Capital
Markets, a division of BB&T Securities, LLC BBVA Securities Inc. BNP Paribas Securities Corp. BNY Mellon
Capital Markets, LLC Cabrera Capital Markets, LLC CAVU Securities, LLC CIBC World Markets
Corp. Credit Agricole Securities (USA) Inc. Drexel Hamilton, LLC Fifth Third
Securities, Inc. ING Financial Markets LLC Loop Capital Markets LLC Mitsubishi UFJ
Securities (USA), Inc. Mizuho Securities USA Inc. Multi-Bank Securities, Inc. Muriel
Siebert & Co., Inc. Nomura Securities International, Inc. PNC Capital Markets LLC Samuel A. Ramirez
& Company, Inc. Scotia Capital (USA) Inc. Skandinaviska Enskilda Banken AB (publ) SMBC Nikko Securities America, Inc. SunTrust Robinson Humphrey, Inc. |
| --- | --- |
| CUSIP: | 172967HY0 |
| ISIN: | US172967HY01 |
- 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 Citigroups registration statement is No. 333-192302. Alternatively, you can request the prospectus by calling toll-free in the United States 1-800-831-9146.