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Citibank To Redeem $1.75 Billion In Debt

· 02/05/2021 02:24

07:12 AM EST, 02/05/2021 (MT Newswires) -- Citigroup's (C) Citibank on Feb. 19 will redeem all $1.25 billion of its 3.165% fixed-to-floating rate notes due February 2022.

The company will also redeem in whole $500 million of its fixed-to-floating rate notes due February 2022 on the same date.

The cash redemption price payable for the notes on Feb. 19 will equal par plus accrued and unpaid interest.

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