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Citigroup Announces Repayment of €1.75 Billion in Fixed and Floating Rate Notes Due 2026
NEW YORK – July 1, 2025 – Citigroup today announced its intention to repay €1.75 billion in aggregate principal amount of its fixed-to-floating rate notes due 2026. This significant financial maneuver underscores the company’s robust liquidity position and its proactive approach to managing its balance sheet.
The notes, which carry a fixed rate of 1.250% until a specific coupon reset date, followed by a floating rate, are scheduled to mature in 2026. The decision to redeem these notes ahead of their maturity reflects Citigroup’s strategic financial management and its commitment to optimizing its capital structure.
While specific details regarding the exact timing and terms of the repayment were not provided in the announcement, the repayment is expected to be executed in accordance with the terms and conditions outlined in the indenture governing the notes. Such repayments are typically made at par value, plus any accrued and unpaid interest up to the redemption date.
This announcement comes as Citigroup continues to navigate the evolving financial landscape, demonstrating its capacity to meet its financial obligations efficiently. The company’s strong capital base and disciplined risk management practices have enabled it to undertake such proactive financial actions.
Investors and stakeholders will likely view this repayment as a positive development, reflecting Citigroup’s financial strength and its ability to execute its strategic objectives. Further details concerning the redemption are expected to be made available in due course through official regulatory filings and communications.
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Business Wire French Language News published ‘Citigroup annonce le remboursement de 1,75 milliard d'euros de billets à taux fixe ou variable de 1,250 % échéant en 2026’ at 2025-07-01 17:47. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.