NEW YORK--(BUSINESS WIRE)--Citibank, N.A. is announcing the redemption, in whole, constituting $1,750,000,000 of its 5.864% Notes due 2025 (the âfixed rate notesâ) (ISIN: US17325FBA57) and $750,000,000 of its Floating Rate Notes due 2025 (the âfloating rate notesâ and together with the fixed rate notes, the ânotesâ) (ISIN: US17325FAZ18). The redemption date for the notes is August 29, 2025 (the âredemption dateâ). The cash redemption price for the notes payable on the redemption date will equal
Related Questions
How will the redemption of $2.5âŻbn of 2025 notes affect Citibank's shortâterm liquidity and funding costs?
What impact will the early redemption have on the pricing and yields of the remaining 2025 fixedârate and floatingârate bonds?
Does this redemption signal a shift in Citibank's debt strategy or credit profile compared to peers, and could it influence its credit rating outlook?