Citi’s $3 Billion Offering
January 21, 2025
January 21, 2025
Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets Inc., in a registered offering by Citigroup Inc. (Citi) of $3 billion aggregate principal amount of 6.02% fixed-rate/floating-rate subordinated notes due 2036, to be issued on January 24, 2025.
Citi, a global diversified financial services holding company, provides a broad range of financial products and services to consumers, corporations, governments, and institutions. Citi does business in nearly 160 countries and jurisdictions.