FILED PURSUANT TO RULE 433
File No. 333-192302
CITIGROUP INC.
A$600,000,000
FLOATING RATE SENIOR NOTES DUE MAY 4, 2021
Terms and Conditions
Issuer: | Citigroup Inc. | |||
Ratings*: | Baa1 / BBB+ / A (Stable Outlook / Stable Outlook / Stable Outlook) (Moodys / S&P / Fitch) | |||
Ranking: | Senior Unsecured | |||
Trade Date: | April 27, 2016 | |||
Settlement Date: | May 4, 2016 (T+5 days) | |||
Maturity Date: | May 4, 2021 | |||
Par Amount: | A$600,000,000 | |||
Floating Rate: | Three-month BBSW | |||
Coupon: | Three-month BBSW + 155 bps | |||
Public Offering Price: | 100.000% | |||
Re-offer Spread to Benchmark: | Three-month BBSW + 155 bps | |||
Net Proceeds to Citigroup: | A$598,050,000 (before expenses) | |||
Interest Payment Dates: | The 4th of each February, May, August and November commencing August 4, 2016. | |||
Business Days: | Sydney, London, New York City | |||
Day Count: | Actual/365F, modified following business day convention | |||
Interest Determination Date: | The first day of the related interest period | |||
Defeasance: | Applicable. Provisions of Sections 12.02 and 12.03 of the Indenture apply | |||
Redemption at Issuer Option: | Only for tax purposes | |||
Redemption for Tax Purposes: | Applicable at issuer option if, as a result of changes in U.S. tax law, withholding tax or information reporting requirements are imposed on payments on the notes to non-United States persons. Redemption as a whole, not in part | |||
Sinking Fund: | Not applicable | |||
Listing: | Application will be made to list the notes on the regulated market of the Luxembourg Stock Exchange | |||
Minimum Denomination / Multiples: | A$1,000 / multiples of A$1,000 in excess thereof (minimum parcel when sold in Australia will be A$500,000) | |||
Settlement: | Euroclear / Clearstream | |||
Governing Law: | State of New York | |||
Documentation: | The notes are registered with the U.S. Securities and Exchange Commission, Registration Statement No. 333-192302. | |||
CUSIP: | 172967 KP5 | |||
ISIN: | XS1403446724 | |||
Common Code: | 140344672 | |||
Joint Book-Running Managers: | Citigroup Global Markets Limited Australia and New Zealand Banking Group** nabSecurities, LLC | |||
Co-Manager: | RBC Capital Markets, LLC |
* | A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |
** | Australia and New Zealand Banking Group Limited is not a U.S. registered broker-dealer, and therefore, to the extent it intends to effect any sales of the notes in the United States, they will do so through an affiliated U.S. registered broker-dealer in accordance with applicable U.S. securities laws and regulations, and as permitted by the regulations of the Financial Industry Regulatory Authority, Inc. |
Citigroup Inc. has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and the other documents Citigroup has filed with the SEC for more complete information about Citigroup and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. The file number for Citigroups registration statement is No. 333-192302. Alternatively, you can request the prospectus by calling toll-free in the United States 1-800-831-9146.