Green Bond Fact Sheet

Citigroup

Date: 04-Feb-2019

Issue date: 29-Jan-2019 Maturity date: 29-Jan-2022 Tenor: 3
Issuer Name

Citigroup

Amount Issued

EUR1bn (USD1.14bn)

Country of risk

USA

CBI Database

Included

Issuer Type1

Financial Corporate

Bond Type

Senior unsecured

Green Bond Framework

Link to framework

Second party opinion

Sustainalytics

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☒ Onshore wind
☐ Offshore wind
☒ Geothermal☐ Hydro☐ Tidal☒ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☒ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☒ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☒ Industry: components☐ Adaptation & resilience☒ Transport☒ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☒ Passenger trains☒ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☒ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Water & wastewater☒ Water distribution☒ Water treatment☒ Wastewatertreatment☒ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☒ Energy performance☒ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
Reporting

The Green Bond Report will detail the total amount of assets in the Green
Bond Asset Portfolio and the total outstanding amount raised by Citi Green
Bond issuances.
Furthermore, the Green Bond Report will provide details of eligible assets
within the Green Bond Asset Portfolio along with Citi’s financial commitments
to each asset; the total amount of unallocated proceeds, if any; andenvironmental impacts of the Green Bond Asset Portfolio to the extent it ispractical to do so.

Company information

Citigroup Inc. (“Citi”, or the “bank”) provides consumers, corporations,governments and institutions with a broad range of financial products andservices, including consumer banking and credit, corporate and investmentbanking, securities brokerage, transaction services, and wealthmanagement. Citi has approximately 200 million customer accounts anddoes business in more than 160 countries and jurisdictions. (source)Firsts, records andcertifications

Second largest green bond from a US commercial bank following Bank ofAmerica’s USD2.25bn deal in May 2018.

Proceeds description

Proceeds are earmarked for lending on renewable energy, buildings,
transport and water projects. To be eligible, geothermal and biofuel
projects are required to emit less thank 100gCO2/kWh. Financing andrefinancing of property-related energy efficiency loans are also eligible
under the Green Bond Framework.

Climate Bonds view

With its debut deal, Citi joins Bank of America and Morgan Stanley as thethird US commercial bank to enter the green bond market. Geothermal
eligibility criteria reflect market best practice. The issuer has confirmed that
all other assets included in the portfolio are compliant with the Climate
Bonds Taxonomy.
Citigroup

Underwriters
Deal comments
Credit Rating
Pricing summary
Investors summary1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign