By Sarah Lizee
Olympia, Wash., May 1 – Citigroup Global Markets Holdings Inc. priced $6.49 million of callable step-up coupon notes due May 2, 2021, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
Interest will be 2.4% initially, stepping up to 2.6% on May 2, 2019 and to 2.75% on May 2, 2020. Interest will be payable quarterly.
The payout at maturity will be par.
The notes will be callable in whole at par on any quarterly date beginning on May 2, 2019.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Callable step-up coupon notes
|
| Amount: | $6,489,000
|
| Maturity: | May 2, 2021
|
| Coupon: | 2.4% initially, stepping up to 2.6% on May 2, 2019 and to 2.75% on May 2, 2020; payable quarterly
|
| Price: | Par
|
| Payout at maturity: | Par
|
| Call option: | At par on any quarterly redemption date beginning May 2, 2019
|
| Pricing date: | April 27
|
| Settlement date: | May 2
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 0.75%
|
| Cusip: | 17324CUF1
|
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