# EDGAR Filing Document

**Accession Number:** 0000831001
**File Stem:** 0001193125-25-196617
**Filing Date:** 2025-9
**Character Count:** 9855
**Document Hash:** 18da3339920e6074beab06f59ec29c8d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-196617.hdr.sgml**: 20250905

**ACCESSION NUMBER**: 0001193125-25-196617

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250905

**DATE AS OF CHANGE**: 20250905

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CITIGROUP INC
- **CENTRAL INDEX KEY:** 0000831001
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 521568099
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-270327
- **FILM NUMBER:** 251295086

**BUSINESS ADDRESS:**
- **STREET 1:** 388 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
- **BUSINESS PHONE:** 2125591000

**MAIL ADDRESS:**
- **STREET 1:** 388 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRAVELERS GROUP INC
- **DATE OF NAME CHANGE:** 19950519

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRAVELERS INC
- **DATE OF NAME CHANGE:** 19940103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRIMERICA CORP /NEW/
- **DATE OF NAME CHANGE:** 19920703
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CITIGROUP INC
- **CENTRAL INDEX KEY:** 0000831001
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 521568099
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 388 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
- **BUSINESS PHONE:** 2125591000

**MAIL ADDRESS:**
- **STREET 1:** 388 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRAVELERS GROUP INC
- **DATE OF NAME CHANGE:** 19950519

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRAVELERS INC
- **DATE OF NAME CHANGE:** 19940103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRIMERICA CORP /NEW/
- **DATE OF NAME CHANGE:** 19920703

FILED PURSUANT TO RULE 433

**File No. 333-270327**![LOGO](g81661g0905053206492.jpg)

**CITIGROUP INC.** 

**$3,000,000,000** 

**5.174% FIXED RATE / FLOATING RATE CALLABLE SENIOR NOTES DUE 2036** 

**Terms and Conditions** 

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp; Issuer: | Citigroup Inc. |
| &nbsp;&nbsp;&nbsp; Ratings\*: | A3 / BBB+ / A (Stable Outlook / Stable Outlook / Stable Outlook) (Moody's / S&P / Fitch) |
| &nbsp;&nbsp;&nbsp; Ranking: | Senior |
| &nbsp;&nbsp;&nbsp; Trade Date: | September 4, 2025 |
| &nbsp;&nbsp;&nbsp; Settlement Date: | September 11, 2025 (T+5 days) |
| &nbsp;&nbsp;&nbsp; Maturity: | September 11, 2036 |
| &nbsp;&nbsp;&nbsp; Par Amount: | $3000000000 |
| &nbsp;&nbsp;&nbsp; Treasury Benchmark: | 4.250% due August 15, 2035 |
| &nbsp;&nbsp;&nbsp; Treasury Price: | $100-19+ |
| &nbsp;&nbsp;&nbsp; Treasury Yield: | 4.174% |
| &nbsp;&nbsp;&nbsp; Re-offer Spread to Benchmark: | T<sub>10</sub>+100 bp |
| &nbsp;&nbsp;&nbsp; Re-offer Yield: | 5.174% |
| &nbsp;&nbsp;&nbsp; Fixed Rate Coupon & Payment Dates: | 5.174% per annum, payable semiannually in arrears on each March 11 and September 11, beginning on March 11, 2026, from, and including, the Settlement Date to, but excluding, September 11, 2035 (the "fixed rate period").<br> Following business day convention during the fixed rate period. Business days during fixed rate period New York. |
| &nbsp;&nbsp;&nbsp; Floating Rate Coupon & Payment Dates: | From, and including, September 11, 2035 (the "floating rate period"), an annual floating rate equal to SOFR (as defined in the Issuer's base prospectus dated March 7, 2023 (the "Prospectus") and compounding daily over each interest period as described in the Prospectus) plus 1.488%, payable quarterly in arrears, on the second business day following each interest period end date, beginning on December 13, 2035 and ending at Maturity or any earlier redemption date. An "interest period end date" means the 11<sup>th</sup> of each March, June, September and December, beginning on December 11, 2035 and ending at Maturity or any earlier redemption date.<br> Modified following business day convention applicable to each interest period end date during the floating rate period. Business days during floating rate period New York and U.S. Government Securities Business (as defined in the Prospectus). |
| &nbsp;&nbsp;&nbsp; Public Offering Price: | 100.000% |
| &nbsp;&nbsp;&nbsp; Net Proceeds to Citigroup: | $2,987,250,000 (before expenses) |
| &nbsp;&nbsp;&nbsp; Day Count: | 30/360 during the fixed rate period, Actual/360 during the floating rate period |
| &nbsp;&nbsp;&nbsp; Defeasance: | Applicable. Provisions of Sections 12.02 and 12.03 of the Indenture apply |

---

------

![LOGO](g81661g0905053206492.jpg)

**CITIGROUP INC.** 

**$3,000,000,000** 

**5.174% FIXED RATE / FLOATING RATE CALLABLE SENIOR NOTES DUE 2036** 

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp; Redemption at Issuer Option: | We may redeem the notes, at our option, in whole at any time or in part from time to time, on or after March 11, 2026 (or if additional notes are issued after September 11, 2025, beginning six months after the issue date of such additional notes) and prior to September 11, 2035 at a redemption price equal to the greater of (i) the make-whole amount (as described in the Prospectus) and (ii) 100% of the principal amount of the notes being redeemed, plus, in either case, accrued and unpaid interest thereon to, but excluding, the date of redemption. The make-whole spread to be added to the Treasury Rate (as defined in the Prospectus) will equal 15 basis points.<br>We may redeem the notes, at our option, (i) in whole, but not in part, on September 11, 2035, or (ii) in whole at any time or in part from time to time, on or after August 11, 2036 at a redemption price equal to the sum of 100% of the principal amount of the notes being redeemed plus accrued and unpaid interest thereon to, but excluding, the date of redemption.<br>SOFR for each calendar day from, and including, the Rate Cut-Off Date to, but excluding, the redemption date will equal SOFR in respect of the Rate Cut-Off Date. |
| &nbsp;&nbsp;&nbsp; Rate Cut-Off Date: | The second U.S. Government Securities Business Day prior to a redemption date and Maturity. |
| &nbsp;&nbsp;&nbsp; Redemption for Tax Purposes: | We may redeem the notes, at our option, in whole at any time, but not in part at a redemption price equal to 100% of the principal amount of the notes plus accrued and unpaid interest thereon to, but excluding, the date of redemption, if, as a result of changes in U.S. tax law, withholding tax or information reporting requirements are imposed on payments on the notes to non-U.S. persons.<br>SOFR for each calendar day from, and including, the Rate Cut-Off Date to, but excluding, the redemption date will equal SOFR in respect of the Rate Cut-Off Date. |
| &nbsp;&nbsp;&nbsp; Sinking Fund: | Not applicable |
| &nbsp;&nbsp;&nbsp; Minimum Denominations/Multiples: | $1,000 / multiples of $1,000 in excess thereof |
| &nbsp;&nbsp;&nbsp; CUSIP: | 172967 QH7 |
| &nbsp;&nbsp;&nbsp; ISIN: | US172967QH76 |
| &nbsp;&nbsp;&nbsp; Sole Book Manager: | Citigroup Global Markets Inc. |

---

------

![LOGO](g81661g0905053206492.jpg)

**CITIGROUP INC.** 

**$3,000,000,000** 

**5.174% FIXED RATE / FLOATING RATE CALLABLE SENIOR NOTES DUE 2036** 

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp; Senior Co-Managers: | Barclays Capital Inc.<br> BBVA Securities Inc.<br> BMO Capital Markets Corp.<br> CaixaBank, S.A.<br> Capital One Securities, Inc.<br> China Construction Bank (Asia) Corporation Limited<br> DZ Financial Markets LLC<br> Intesa Sanpaolo IMI Securities Corp.<br> MUFG Securities Americas Inc.<br> Nomura Securities International, Inc.<br> Nordea Bank Abp<br> PNC Capital Markets LLC<br> RBC Capital Markets, LLC<br> Roberts & Ryan, Inc.<br> Scotia Capital (USA) Inc.<br> SMBC Nikko Securities America, Inc.<br> Swedbank AB (publ)<br> TD Securities (USA) LLC<br> Truist Securities, Inc.<br> U.S. Bancorp Investments, Inc.<br> UBS Securities LLC<br> UniCredit Capital Markets LLC |
| &nbsp;&nbsp;&nbsp; Junior Co-Managers: | Academy Securities, Inc.<br> ANZ Securities, Inc.<br> Blaylock Van, LLC<br> BNY Mellon Capital Markets, LLC<br> CIBC World Markets Corp.<br> Citizens JMP Securities, LLC<br> Commerz Markets LLC<br> Commonwealth Bank of Australia<br> Desjardins Securities Inc.<br> Fifth Third Securities, Inc.<br> Huntington Securities, Inc.<br> KeyBanc Capital Markets Inc.<br> M&T Securities, Inc.<br> MFR Securities, Inc.<br> Multi-Bank Securities, Inc.<br> nabSecurities, LLC<br> National Bank of Canada Financial Inc.<br> Natixis Securities Americas LLC<br> Regions Securities LLC<br> Santander US Capital Markets LLC<br> SG Americas Securities, LLC<br> Siebert Williams Shank & Co., LLC<br> Westpac Capital Markets LLC |

---

\*Note: A securities rating is not a recommendation to buy, sell, or hold securities and may be subject to revision or withdrawal at any time.

Citigroup Inc. has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and the other documents Citigroup has filed with the SEC for more complete information about Citigroup and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. The file number for Citigroup's registration statement is No. 333-270327. Alternatively, you can request the prospectus by calling toll-free in the United States 1-800-831-9146.