Citi’s $5.5 Billion Offering

Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets Inc., in two registered offerings by Citigroup Inc. of $3 billion aggregate principal amount of 5.174% fixed-rate/floating-rate senior notes due 2030 and $2.5 billion aggregate principal amount of 5.827% fixed-rate/floating-rate subordinated notes due 2035, to be issued on February 13, 2024.

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