secwatch.observer — SEC 8-K summary
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Issuer:     CITIGROUP INC (C)
CIK:        0000831001
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001193125-25-163410
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citigroup creates new 6.875% Fixed Rate Reset Noncumulative Preferred Stock, Series GG
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- Certificate of Designations filed July 22, 2025 for Series GG preferred stock with 6.875% fixed rate reset.
- Depositary shares representing a 1/25th interest in each Series GG share offered via underwriting agreement dated July 16, 2025.
- Series GG is noncumulative with no stated maturity; terms amend Citigroup's restated certificate of incorporation.
- Underwriting agreement, deposit agreement, and legal opinion included as exhibits; proceeds not specified.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831001/000119312525163410/0001193125-25-163410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831001/000119312525163410/d904675d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-163410

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