What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to officially report on the terms and issuance of Citigroup Inc.'s new 2.561% Fixed Rate / Floating Rate Callable Senior Notes due May 1, 2032, along with related legal and offering documentation.

What are the key terms of the newly issued senior notes?

The notes are described as 2.561% Fixed Rate / Floating Rate Callable Senior Notes due May 1, 2032. This indicates they carry a fixed interest rate initially, with the potential to become a floating rate, and have a maturity date of May 1, 2032. The 'callable' feature means Citigroup has the right to redeem these notes before maturity under certain conditions.

Who are the underwriters for this note offering?

While the filing indicates a Terms Agreement with 'the underwriters named therein,' the specific names of the underwriters are not detailed within the provided excerpt of the 8-K. Investors would typically find this information within the full text of the Terms Agreement exhibit (Exhibit 1.01).

What is the significance of Exhibit 99.01?

Exhibit 99.01 lists Citigroup Inc.'s securities that are registered under Section 12(b) of the Securities Exchange Act of 1934 as of the filing date. This provides investors with a snapshot of the company's publicly traded securities registered with the SEC.

CITIGROUP INC 8-K SEC Disclosure

Summary

Citigroup Inc. (C) filed an 8-K on May 3, 2021, primarily to report on the issuance and terms of new senior notes and related documentation. The filing includes a Terms Agreement for the offering of 2.561% Fixed Rate / Floating Rate Callable Senior Notes due May 1, 2032. This issuance represents an active capital markets transaction by Citigroup, aiming to raise funds through long-term debt.

Key Highlights

1Citigroup Inc. issued 2.561% Fixed Rate / Floating Rate Callable Senior Notes due May 1, 2032.
2The issuance was conducted under a Terms Agreement dated April 27, 2021, with named underwriters.
3The filing includes the Form of Note for these specific senior notes.
4An opinion from Barbara Politi, Esq. is included as an exhibit.
5The report lists Citigroup Inc. securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 as of the filing date.

CITIGROUP INC 8-K Report, Exhibit Filing (May 4, 2021)

Summary

Key Highlights

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