debt
confidence high
sentiment neutral
materiality 0.50
Citigroup creates new 7.125% Fixed Rate Reset Noncumulative Preferred Stock, Series CC
CITIGROUP INC
- Filed Certificate of Designations for Series CC preferred stock with Delaware Secretary of State on May 28, 2024.
- Series CC carries 7.125% fixed rate reset, noncumulative dividend, no stated maturity.
- Depositary shares each represent 1/25th interest in one share of Series CC.
- Underwriting agreement dated May 21, 2024; issuance size not disclosed in filing.