Citigroup Inc. has announced the issuance of Medium-Term Senior Notes, Series G, under the pricing supplement no. 2024-CMTNG1467, with a maturity date of April 29, 2039. The notes, which are unsecured senior debt obligations, have a fixed annual interest rate of 6.05% and are callable, meaning Citigroup has the right to redeem the notes before maturity on specified redemption dates. The pricing date is set for April 25, 2024, with an original issue date of April 29, 2024. The notes will be issued at $1,000 each, with Citigroup's right to call the notes for mandatory redemption beginning on October 29, 2026. Interest will be paid semi-annually, and the notes are not secured by any collateral. Citigroup Global Markets Inc., an affiliate of the issuer, will act as the...Show More

Citigroup Inc. has announced the issuance of Medium-Term Senior Notes, Series G, under the pricing supplement no. 2024-CMTNG1467, with a maturity date of April 29, 2039. The notes, which are unsecured senior debt obligations, have a fixed annual interest rate of 6.05% and are callable, meaning Citigroup has the right to redeem the notes before maturity on specified redemption dates. The pricing date is set for April 25, 2024, with an original issue date of April 29, 2024. The notes will be issued at $1,000 each, with Citigroup's right to call the notes for mandatory redemption beginning on October 29, 2026. Interest will be paid semi-annually, and the notes are not secured by any collateral. Citigroup Global Markets Inc., an affiliate of the issuer, will act as the underwriter. The notes will not be listed on any securities exchange, and the offering includes an underwriting fee of $20.00 per note, resulting in net proceeds to Citigroup of $980.00 per note. The total proceeds to the issuer, before expenses, are estimated to be $12,010,150.00. The notes are subject to Citigroup's credit risk, and their value may be affected by market interest rates, the creditworthiness of Citigroup, and other factors. The notes are not bank deposits and are not insured or guaranteed by any governmental agency.