Citigroup Announces SGD 100 Million Redemption of 3.50% Fixed Rate / Floating Rate Subordinated Note
Citi press release --------- Citigroup Inc. is announcing the redemption, in whole, constituting SGD 100,000,000 of its 3.50% Fixed Rate / Floating Rate Subordinated Notes due April 2020 (the "2020 notes") (ISIN XS0216282557), and the redemption, in whole, constituting CHF 182,115,000 in aggregate principal amount, of its 2.75% Fixed / Floating Rate Callable Subordinated Notes due April 2021 (the "2021 notes" and together with the 2020 notes, the "notes") (ISIN: CH0024683192).The redemption date for the 2020 notes is April 9, 2018 (the "2020 notes redemption date"), and the redemption date for the 2021 notes is April 6, 2018 (the "2021 notes redemption date" and together with the 2020 notes redemption date, the "redemption dates"). The cash redemption price payable for the 2020 notes on the 2020 notes redemption date will equal par plus approximately SGD 1,200,000 in accrued and unpaid interest, and the cash redemption price payable for the 2021 notes on the 2021 notes redemption date will equal par plus approximately CHF 206,736.95 in accrued and unpaid interest. To learn more click on the picture below to read the release.