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CITICORP TO REDEEM PERSON-TO-PERSON SUBORDINATED CAPITAL NOTES

 NEW YORK, Nov. 20 ~PRNewswire~ -- Citicorp (NYSE: CCI) today said that it will redeem for cash on Jan. 19, 1993, its Person-to-Person 12-1~2 percent guaranteed subordinated capital notes due Jan. 15, 1996. The redemption price of the notes is 100 percent of their principal amount, together with accrued interest to Jan. 19, 1993.
 The notes will become due and payable on Jan. 19, 1993, and interest on the notes will cease to accrue on that date and thereafter. Notice of the redemption was mailed to holders of the notes on Nov. 19, 1992.
 The notes are to be surrendered to Citibank, N.A., as redemption agent for payment of the redemption price as follows: If by hand: Citibank, N.A., Corporate Trust Services, 5th floor, 111 Wall St., New York; if by mail: Citibank, N.A., Corporate Trust Services, Sort 3573, New York, N.Y., 10043.
 The company said $350,000,000 of the notes is outstanding.
 -0- 11~20~92
 ~CONTACT: John M. Morris, 212-559-4285, Richard J. Howe, 212-559-9425, or Robin M. Plotkin, 212-559-3896; or (investors) Richard A. Goldman, 212-559-2717, John Eley, 212-559-2479, Ken Iselhart, 212-559-8262, or Deborah Russell, 212-559-4658, all for Citicorp~
 (CCI)


CO: Citicorp ST: New York IN: FIN SU: CK-JH -- NY033 -- 3404 11~20~92 13:30 EST
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Publication:PR Newswire
Date:Nov 20, 1992
Words:213
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