Citi’s $6.5 Billion Offering

Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets Inc. (CGMI), in a registered offering by Citigroup Inc. (Citi) of $3 billion aggregate principal amount of 4.503% fixed-rate/floating-rate callable senior notes due 2031, $3 billion aggregate principal amount of 5.174% fixed-rate/floating-rate callable senior notes due 2036, and $500 million aggregate principal amount of floating-rate callable senior notes due 2031.

The offering is to be issued on September 11, 2025.

Citi, a global diversified financial services holding company, provides a broad range of financial products and services to consumers, corporations, governments, and institutions. Citi does business in nearly 160 countries and jurisdictions.