8-KOther EventsExhibits & Filings

CITIGROUP INC 8-K Report, Corporate Update (Nov 1, 2018)

Filed November 1, 2018For Securities:CC-PNC-PR

Summary

Citigroup Inc. filed an 8-K on November 1, 2018, primarily to disclose information regarding prior debt issuances. Specifically, the filing includes notices made under Rule 135c of the Securities Act of 1933 concerning debt offerings that occurred in the second quarter of 2017 and the first quarter of 2018. These issuances were made under Regulation S, which pertains to offers and sales outside of the United States. The exhibits detail specific debt instruments, including CHF 275,000,000 of 0.500% Notes due November 2024, EUR 1,250,000,000 of Floating Rate Notes due March 2023, and EUR 750,000,000 of 1.625% Notes due March 2028. While these are disclosures of past events, they provide insight into Citigroup's past capital raising activities and its use of international debt markets. Investors should note that this 8-K does not contain new financial results or significant business updates.

Key Highlights

  • 1Disclosure of Rule 135c notices related to prior debt issuances by Citigroup Inc.
  • 2Notices pertain to debt offerings conducted in Q2 2017 and Q1 2018.
  • 3Issuances were made under Regulation S, targeting non-U.S. investors.
  • 4Specific debt instruments disclosed include CHF and EUR denominated notes.
  • 5Included are CHF 275,000,000 0.500% Notes due November 2024.
  • 6Included are EUR 1,250,000,000 Floating Rate Notes due March 2023.
  • 7Included are EUR 750,000,000 1.625% Notes due March 2028.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose notices previously filed under Rule 135c, which relate to debt issuances made by Citigroup Inc. in the second quarter of 2017 and the first quarter of 2018.

This filing discloses prior debt issuances and does not reflect current financial results or performance. The information pertains to capital raised in 2017 and early 2018. Investors should refer to other filings (like 10-Q or 10-K) for current financial performance.

Regulation S provides exemptions from registration requirements under the U.S. Securities Act of 1933 for offers and sales of securities that occur outside the United States. Its mention indicates that these debt offerings were made to investors outside of the U.S.

No, this report does not announce any new debt issuances. It is a retrospective disclosure of notices for debt offerings that occurred in previous periods (Q2 2017 and Q1 2018).