Message :
Required fields
Citigroup Inc. is redeeming, in whole, all the currently outstanding $1.25 billion aggregate liquidation preference of Series Q Depositary Shares representing interests in its 5.950% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series Q (the “Series Q Preferred Stock”).
Citigroup is also redeeming, in whole, all the currently outstanding $1.035 billion aggregate liquidation preference of Series R Depositary Shares representing interests in its 6.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series R (the “Series R Preferred Stock”).
The redemption date for the Series Q Preferred Stock and related Series Q Depositary Shares and the Series R Preferred Stock and related Series R Depositary Shares is May 17, 2021 (the “Redemption Date”). The cash redemption price, payable on May 17, 2021, will equal $1,000 for each Series Q Depositary Share and Series R Depositary Share. Holders of record on May 7, 2021, will receive