Citigroup Announces Completion of Its Exchange Offer.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Citigroup Inc. (NYSE NYSE See: New York Stock Exchange : C) announced today that it successfully completed its exchange offer relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc $4,084,955,000 aggregate principal amount of its outstanding unregistered 5.00% Subordinated Notes due 2014 (the "Unregistered Notes"). Citigroup accepted all Unregistered Notes validly tendered in the exchange offer for an equivalent amount of its registered 5.00% Subordinated Notes due 2014 (the "Registered Notes"). Approximately $4.011 billion aggregate principal amount of Unregistered Notes were tendered. This amount represents approximately 98% of the outstanding Unregistered Notes. Upon closing of the exchange offer, expected to occur on January 13, 2005, approximately $4.011 billion aggregate principal amount of Registered Notes will be issued and approximately $73.5 million aggregate principal amount of Unregistered Notes will remain outstanding. This press release does not constitute an offer to purchase any securities or a solicitation of an offer to sell any securities. Citigroup (NYSE: C), the preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , Banamex, and Travelers Life and Annuity. Additional information may be found at www.citigroup.com. |
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