Citigroup Announces Full Redemption of Series M Preferred Stock
Citigroup Announces Full Redemption of Series M Preferred Stock
New York – Citigroup Inc. is redeeming, in whole, all $1.75 billion aggregate liquidation preference of Series M Depositary Shares representing interests in its 6.300% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series M (the "Preferred Stock").
纽约——花旗集团正在全部赎回m系列存托股票的总额为17.5亿美元的清算优先股,这些股票代表其6.300%固定利率/浮动利率非累积优先股m系列(“优先股”)的权益。
The redemption date is August 15, 2024, for the Preferred Stock and related Depositary Shares (the "Redemption Date"). The cash redemption price, payable on the Redemption Date for each Depositary Share, will equal $1,000. Any quarterly dividend declared but not paid prior to the Redemption Date will be paid on the Redemption Date to holders of record on a date prior to the Redemption Date set by Citigroup's Board of Directors.
优先股和相关存托股份的赎回日期为2024年8月15日(“赎回日期”)。每股存托股份在赎回日支付的现金赎回价格将等于1,000美元。在赎回日之前宣布但未支付的任何季度股息将在赎回日支付给花旗集团董事会设定的赎回日之前的日期的登记持有人。
The redemption announced today is consistent with Citigroup's liability management strategy and reflects its ongoing efforts to enhance the efficiency of its funding and capital structure. Citigroup's redemptions are based on several factors, including without limitation, the economic value, regulatory changes, potential impact on Citigroup's net interest margin and borrowing costs, the overall remaining tenor of Citigroup's debt portfolio, capital impact, as well as overall market conditions.
今天宣布的赎回符合花旗集团的负债管理战略,反映了花旗集团为提高融资和资本结构效率所做的持续努力。花旗集团的赎回基于多个因素,包括但不限于经济价值、监管变化、对花旗集团净利率和借贷成本的潜在影响、花旗集团债务投资组合的总体剩余期限、资本影响以及整体市场状况。
Beginning on the Redemption Date, the Depositary Shares representing the redeemed Preferred Stock will no longer be outstanding and dividends will no longer accrue on such securities.
从赎回之日起,代表已赎回优先股的存托股份将不再流通,此类证券的股息将不再累计。
Computershare Trust Company, N.A. ("Computershare") is the paying agent for the Depositary Shares. The paying agent's address is Computershare Trust Company, Attn: Corporate Actions, 150 Royall Street, Suite 101, Canton, MA 02021. Questions relating to the notice of redemption and related materials should be directed to Computershare via telephone at 1-888-250-3985.
北卡罗来纳州计算机共享信托公司(“Computershare”)是存托股份的付款代理人。付款代理人的地址是Computershare Trust Company,收件人:Corporate Actions,马萨诸塞州坎顿市皇家街150号101套房 02021。有关兑换通知和相关材料的问题应通过电话1-888-250-3985与Computershare联系。
For further information on the Preferred Stock and the related Depositary Shares, please see the prospectus at the following web address:
有关优先股和相关存托股份的更多信息,请参阅以下网址的招股说明书:
Media Contact:
Danielle Romero Apsilos
danielle.romeroapsilos@citi.com
212 816 2264
媒体联系人:
丹妮尔·罗梅罗·阿普西洛斯
danielle.romeroapsilos@citi.com
212 816 2264
Fixed Income Investor Contact:
Peter Demoise
peter.demoise@citi.com
212 559 2718
固定收益投资者联系方式:
彼得·德莫伊斯
peter.demoise@citi.com
212 559 2718