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Citigroup issues $2.5B in debt

Citigroup Inc.proposed to issue and sell debt securities for an aggregate of $2.5 billion in principal,according to two Form 8-Ks filed March 30.

The company issued 2.700% senior notes due 2021 amounting to$1.50 billion in aggregate, at a public price of 99.856% of the principal amount,plus accrued interest, if any, from March 30. The notes carry an annual interestrate of 2.700%, due March 30 and Sept. 30, beginning Sept. 30, 2016.

In addition, Citi issued and sold an aggregate of $1.00 billionof its senior floating rate notes due 2021. The notes carry an interest rate equalto three-month LIBOR plus 138 basis points per annum. Citi will pay the interestquarterly on March 30, June 30, Sept. 30 and Dec. 30, commencing June 30, 2016.

The offerings closed March 30. The debt securities will matureMarch 30, 2021.

Citigroup Global Markets Inc., Credit Suisse Securities (USA)Inc., Danske Markets Inc., Deutsche Bank Securities Inc., HSBC Securities (USA)Inc., RBC Capital Markets LLC, Santander Investment Securities Inc., Scotia Capital(USA) Inc., SG Americas Securities LLC, TD Securities (USA) LLC, ABN AMRO Securities(USA) LLC, ANZ Securities Inc., BB&T Capital Markets, Blaylock Beal Van LLC,BMO Capital Markets Corp., BNP Paribas Securities Corp., BNY Mellon Capital MarketsLLC, CastleOak Securities LP, CAVU Securities LLC, Fifth Third Securities Inc.,Great Pacific Securities, ING Financial Markets LLC, Loop Capital Markets LLC, MacquarieCapital (USA) Inc., Mitsubishi UFJ Securities (USA) Inc., Mizuho Securities USAInc., nabSecurities LLC, Nomura Securities International Inc., SMBC Nikko SecuritiesAmerica Inc., SunTrust Robinson Humphrey Inc., UBS Securities LLC and The WilliamsCapital Group LP served as underwriters for the transactions.