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Citigroup, Inc., 5.80% Dep Shares Non-Cumulative Preferred Stock Series C
Ticker Symbol: C-C*     CUSIP: 172967366     Exchange: NYSE
Security Type:   Traditional Preferred Stock
* NOTE: This security is no longer trading as of 10/22/2018

Security has been Called for:  Monday, October 22, 2018

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Citigroup, Inc., 5.80% depositary shares, each representing a 1/1,000th interest in a share of the Non-Cumulative Preferred Stock, Series C, liquidation preference $25 per share, redeemable at the issuer's option on or after 4/22/2018 at $25 per share plus declared and unpaid dividends, and with no stated maturity. Non-Cumulative distributions of 5.80% per annum ($1.45 per annum or $0.3625 per quarter) will be paid quarterly on 1/22, 4/22, 7/22 & 10/22 to holders of record on the record date fixed by the board, not more than 30 days or less than 10 days prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The dividends are non-cumulative and if the board of directors does not declare a dividend or the company fails to pay a dividend declared by the board for any quarterly dividend period, the holder will not be entitled to receive any dividend for that quarterly period and the undeclared or unpaid dividend will not accumulate. This security is possibly subject to an early call as a result of the occurrence of a regulatory capital treatment event which no longer allows the company to include the funds originating from this security as Tier 1 capital on their balance sheet (see the prospectus for further information). Dividends paid by this preferred are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-25 of the prospectus for further information). This security was rated as B1 by Moody’s and BB by S&P at the date of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
5.80%
$1.45
$25.00
$25.00
Called for
10/22/2018

None
Ba2 BB+
12/30/2017
1/22, 4/22, 7/22 & 10/22
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
YES

Go to Parent Company's Record (C)

IPO - 3/19/2013 - 20.00 Million Shares @ $25.00/share.    Link to IPO Prospectus
Previous Ticker Symbol: CITGL    Changed: 3/28/2013
Market Value $500.0 Million

Company's Online Information Links
HOME PAGE:     http://www.citigroup.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Inv Rel Email Address investorrelations@citi.com
General Email Address fixedincomeir@citigroup.com

Address and Phone Numbers
Address:   399 Park Avenue, New York, NY 10043
Main Phone Number 212-559-1000
Fax Number Not Available
Investor Relations 212-559-2718
Toll Free Phone Number 800-285-3000
CEO - Michael L. Corbat CFO - John C. Gerspach

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