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Citigroup Announces Upsizing and Early Tender Results of Offers to Purchase Specified Series of Outstanding Notes – THE LEVANT NEWS
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Citigroup Announces Upsizing and Early Tender Results of Offers to Purchase Specified Series of Outstanding Notes

NEW YORK–(BUSINESS WIRE)–Citigroup Inc. (“Citigroup”) announced today that it has increased the maximum aggregate principal amounts of specified series of notes (the “Notes”) that it will accept (each, a “Maximum Series Tender Cap”) and the aggregate principal amounts of Notes that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on June 22, 2015 (the “Early Tender Date”) pursuant to its previously announced cash tender offers (each, an “Offer” and, collectively, the “Offers”), as set forth in the table below. All Notes that have been validly tendered at or prior to the Early Tender Date and are accepted in the Offers will be purchased, retired and cancelled by Citigroup on the early settlement date, which is expected to occur on June 25, 2015 (the “Early Settlement Date”).

The following table sets forth details of the Notes that are subject to the Offers, the aggregate principal amounts of Notes that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on the Early Tender Date and the revised Maximum Series Tender Cap for the 6.000% Subordinated Notes due 2033. The Maximum Series Tender Cap for the 6.125% Subordinated Notes due 2036 remains unchanged.

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