Citi’s $4.1 Billion Offering

Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets Inc., in two registered offerings by Citigroup Inc. (Citi) of $3 billion aggregate principal amount of 4.542% fixed-rate/floating-rate senior notes due 2030 and $1.1 billion aggregate principal amount of 5.411% fixed-rate reset subordinated notes due 2039, to be issued on September 19, 2024.

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.