Citigroup Announces Full Redemption of Series M Preferred Stock
July 17, 2024
July 17, 2024
NEW YORK, July 17 -- Citi, a banking partner for institutions with cross-border needs and wealth management and a personal bank, issued the following news release on July 16, 2024:
Citigroup Inc. is redeeming, in whole, all $1.75 billion aggregate liquidation preference of Series M Depositary Shares representing interests in its 6.300% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series M (the "Preferred Stock").
The redemption date is August 15, . . .
Citigroup Inc. is redeeming, in whole, all $1.75 billion aggregate liquidation preference of Series M Depositary Shares representing interests in its 6.300% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series M (the "Preferred Stock").
The redemption date is August 15, . . .