Citi’s €2.75 Billion Offering

Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets Limited, in a registered offering by Citigroup Inc. (Citi) of €1.5 billion aggregate principal amount of 4.135% fixed-rate/floating-rate callable senior notes due 2030 and €1.25 billion aggregate principal amount of 4.462% fixed-rate/floating-rate callable senior notes due 2033.

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

The Cleary team included partner Jeff Karpf, counsel Elizabeth Chang, and associates Jean Choi and Julian Vleeschhouwer. Partner Matthew Brigham and associate Nathaniel Pribil advised on tax matters.