Floating rate note

Verizon announces tender offers for 14 series of debt securities

Retrieved on: 
Tuesday, July 25, 2023

The total consideration for each $1,000 principal amount of each series of Securities validly tendered at or prior to the applicable Early Participation Date is referred to as the “Total Consideration” for such series.

Key Points: 
  • The total consideration for each $1,000 principal amount of each series of Securities validly tendered at or prior to the applicable Early Participation Date is referred to as the “Total Consideration” for such series.
  • Holders who validly tender Securities of a series after the applicable Early Participation Date, but at or prior to the applicable Expiration Date, will receive the tender consideration for any such series accepted by Verizon, which is equal to the Total Consideration minus the applicable Early Participation Payment (with respect to such series, the “Tender Consideration”).
  • The Total Consideration or Tender Consideration, as applicable, payable by Verizon for each $1,000 principal amount of each series of Securities validly tendered, and not validly withdrawn, and accepted by Verizon will be paid in cash on the relevant Settlement Date.
  • Any tender of Securities for purchase pursuant to the Offers from a Holder that is unable to make these representations will not be accepted.

Citigroup Announces $1.25 Billion Redemption of 4.044% Fixed Rate / Floating Rate Notes due 2024 and $1.0 Billion Redemption of Floating Rate Notes due 2024

Retrieved on: 
Wednesday, May 17, 2023

Citigroup Inc. is announcing the redemption, in whole, constituting $1,250,000,000 of its 4.044% Fixed Rate / Floating Rate Notes due 2024 (the “fixed rate / floating rate notes”) (ISIN: US172967LZ20), and the redemption, in whole, constituting $1,000,000,000 of its Floating Rate Notes due 2024 (the “floating rate notes” and together with the fixed rate / floating rate notes, the “notes”) (ISIN: US172967MA69).

Key Points: 
  • Citigroup Inc. is announcing the redemption, in whole, constituting $1,250,000,000 of its 4.044% Fixed Rate / Floating Rate Notes due 2024 (the “fixed rate / floating rate notes”) (ISIN: US172967LZ20), and the redemption, in whole, constituting $1,000,000,000 of its Floating Rate Notes due 2024 (the “floating rate notes” and together with the fixed rate / floating rate notes, the “notes”) (ISIN: US172967MA69).
  • The redemption date for the notes is June 1, 2023 (the “redemption date”).
  • The cash redemption price for the notes payable on the redemption date will equal par plus accrued and unpaid interest, to but excluding, the redemption date.
  • Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
    View source version on businesswire.com: https://www.businesswire.com/news/home/20230517005761/en/