Citigroup to redeem €1.5B in notes on October 8, 2026

Citigroup Inc. announced the full redemption of €1.5 billion in 0.500% Fixed Rate / Floating Rate Notes due 2027 (ISIN: XS2063232727), according to a press release from the company.

The redemption date is set for October 8, 2026. Holders will receive a cash redemption price equal to par value plus accrued and unpaid interest up to, but not including, the redemption date. Interest on the notes will cease to accrue beginning on that date.

Citibank, N.A. is serving as the paying agent for the notes.

The company stated the redemption is part of its liability management strategy and reflects efforts to manage its funding and capital structure. Citigroup noted it will continue to evaluate opportunities to redeem or repurchase securities based on factors including economic value, regulatory changes, potential impact on net interest margin and borrowing costs, the remaining tenor of its debt portfolio, capital impact, and overall market conditions.

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