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Citigroup Announces Full Redemption of Series Q Preferred Stock and Series R Preferred Stock

Apr 17, 2021 - Nasdaq

NEW YORK--(BUSINESS WIRE)-- Citigroup Inc. is redeeming, in whole, all the currently outstanding $1.25 billion aggregate liquidation preference of Series Q Depositary Shares representing interests in its 5.950% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series Q (the “Series Q Preferred Stock”).

Citigroup is also redeeming, in whole, all the currently outstanding $1.035 billion aggregate liquidation preference of Series R Depositary Shares representing interests in its ...