other material
confidence medium
sentiment neutral
materiality 0.55
Citigroup creates new 6.950% Fixed Rate Reset Noncumulative Preferred Stock Series FF
CITIGROUP INC
- Filed Certificate of Designations on Feb 11, 2025 for Series FF preferred stock with 6.950% fixed rate reset noncumulative.
- Preferred stock offered through depositary shares each representing 1/25th interest.
- Underwriting agreement dated Feb 5, 2025 with named underwriters; no amount or pricing disclosed in this filing.
- Series FF ranks senior to common stock and junior to existing preferred series as per terms.