Key facts
- Citigroup will redeem $2.75 billion of its 1.462% Fixed Rate / Floating Rate Notes due 2027.
- Citigroup will redeem $400 million of its Floating Rate Notes due 2027.
- The total redemption amount is $3.15 billion.
Citigroup has announced its intention to redeem a significant portion of its outstanding debt. The financial institution plans to redeem $2.75 billion of its 1.462% Fixed Rate / Floating Rate Notes that are due in 2027. Additionally, Citigroup will redeem $400 million of its Floating Rate Notes, also due in 2027. In total, the company is set to redeem $3.15 billion worth of these notes.