Citigroup announces issuance of USD275 million exchangeable bonds linked to Hong Kong Exchanges and Clearing Limited

On March 28, 2025, Citigroup Global Markets Holdings Inc. announced the pricing of its USD275 million zero coupon guaranteed cash-settled exchangeable bonds due 2028.

These bonds are exchangeable into the shares of Hong Kong Exchanges and Clearing Limited. The initial exchange price was set at HKD412.9903, representing a 16.25% premium over the reference share price of HKD355.2605.