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Citicorp Capital III, 7.10% TruPS Trust Preferred Securities
Ticker Symbol: CIH-A* CUSIP: 17303U200 Exchange: NYSE
* NOTE: This security is no longer trading as of 10/03/2003
Security has been Called for: Friday, October 3, 2003
Sept. 3, 2003--Citigroup Inc. today announced that on October 3, 2003 Citicorp will redeem for cash all its Citicorp Capital III 7.10% Trust Preferred Securities (TRUPS, NYSE Ticker: CIHPrA). The redemption price will be $25.00 per Preferred Security plus accrued distributions to but excluding the date of redemption. Currently, $225 million of such TRUPS are outstanding.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Citicorp Capital III, 7.10% Trust Preferred Securities (TRUPS), liquidation amount $25 per share, guaranteed by Citicorp now part of Citigroup Inc. (NYSE: C), redeemable at the issuer's option on or after 8/15/2003 at $25 per share plus accrued and unpaid dividends, maturing 8/15/2028, distributions of 7.10% per annum are paid quarterly on 2/15, 5/15, 8/15 & 11/15 to holders of record one business day prior to the payment date while the securities remain in book-entry form. The company has the right, at any time, to defer dividend payments for up to 20 consecutive quarters (but not beyond the maturity date). The trust's assets consist of the 7.10% Junior Subordinated Deferrable Interest Debentures due 8/15/2028 which were purchased from the company using the funds generated from the sale of the trust preferred securities. See the IPO prospectus for further information on the trust preferred securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (C)
IPO - 6/24/1998 - 9.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $231.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 399 Park Avenue, New York, NY 10043 |
| Main Phone Number |
212-559-1000 |
| Fax Number |
212-793-3946 |
| Investor Contact
Sheri Ptashek
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212-559-4658
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| Toll Free Phone Number |
877-936-2737 |
| CEO - Charles Prince |
CFO - Todd S. Thomson |
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