Citi in Four Offerings Totaling $7 Billion

April 27, 2015

Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets, in a registered offering of 2,000,000 Depositary Shares, each representing a 1/25th interest in a share of 5.950% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock ($25,000 liquidation preference per share) issued by Citigroup on April 24, 2015.

Cleary Gottlieb also represented the underwriters in three simultaneous offerings by Citigroup On April 27, 2015, Citi issued $2.5 billion of 1.700% Notes due 2018, $1.5 billion 3.300% Notes due 2025 and $1 billion Floating Rate Notes due 2018. The securities were offered for sale in the United States, Europe, Asia and elsewhere.

Citigroup, a global diversified financial services holding company, provides a broad range of financial products and services to consumers, corporations, governments and institutions. Citigroup has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.