Citi’s C$1.5 Billion Offering

Cleary Gottlieb represented the underwriters, led by Citigroup Global Markets Inc., in a registered offering by Citigroup Inc. (Citi).

The offering included C$1.5 billion aggregate principal amount of 4.55% fixed-rate/floating-rate subordinated notes due 2035. The notes will be issued on June 3, 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.