$1,600,000,000 | FILED PURSUANT TO RULE 433 | |
1.850% SENIOR NOTES DUE 2017 | FILE NO. 333-192302 |
Terms and Conditions:
Issuer: |
Citigroup Inc. | |||
Ratings*: |
Baa2 (stable outlook)/A- (negative outlook)/A (stable outlook) (Moodys / S&P / Fitch) | |||
Trade Date: |
November 18, 2014 | |||
Settlement Date: |
November 25, 2014 (T+5 days) | |||
Maturity: |
November 24, 2017 | |||
Par Amount: |
$1,600,000,000 | |||
Semi-Annual Coupon: |
1.850% per annum | |||
Re-offer Spread to Benchmark: |
T3 + 90 basis points | |||
Re-offer Yield: |
1.857% per annum | |||
Public Offering Price: |
99.980% | |||
Net Proceeds to Citigroup: |
$1,595,680,000 (before expenses) | |||
Interest Payment Dates: |
The 24th of each May and November, beginning May 24, 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: |
ABN AMRO Securities (USA) LLC Danske Markets Inc. Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. RBS Securities Inc. Santander Investment Securities Inc. UBS Securities LLC Wells Fargo Securities, LLC |
$1,600,000,000 | FILED PURSUANT TO RULE 433 | |
1.850% SENIOR NOTES DUE 2017 | FILE NO. 333-192302 |
Junior Co-Managers: | Apto Partners, LLC Banca IMI S.p.A. BB&T Capital Markets, a division of BB&T Securities, LLC Blaylock Beal Van, LLC BMO Capital Markets Corp. Cabrera Capital Markets, LLC Capital One Securities, Inc. CastleOak Securities, L.P. CAVU Securities, LLC CIBC World Markets Corp. C.L. King & Associates, Inc. Credit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Great Pacific Securities Loop Capital Markets LLC Multi-Bank Securities, Inc. PNC Capital Markets LLC RBC Capital Markets, LLC SMBC Nikko Securities America, Inc. SunTrust Robinson Humphrey, Inc. U.S. Bancorp Investments, Inc. | |||
CUSIP: |
172967JE2 | |||
ISIN: |
US172967JE29 |
* | 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.