EXHIBIT 99.7
Citigroup Inc.
EUR 600,000,000 Floating Rate Notes due July 2009
under the
Programme for the issuance of
Euro Medium-Term Notes, Series B
The securities described herein have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
1. | Issuer: | Citigroup Inc. |
2. | Specified Currency: | Euro ("EUR") |
3. | Aggregate Nominal Amount: | EUR 600,000,000 |
4. | Issue Price: | 99.881% of the Aggregate Nominal Amount |
5. | Specified Denominations: | EUR 1,000, EUR 10,000 and EUR 100,000 |
6. | Issue Date: | 3 August 2004 |
7. | Maturity Date: | 30 July 2009 |
8. | Interest Basis: | Floating Rate (as specified below) |
9. | Redemption/Payment Basis: | Redemption at par |
10. | Status of the Notes: | Senior |
11. | Listing: | Luxembourg Stock Exchange |
PROVISIONS RELATING TO INTEREST PAYABLE | ||
12. | Floating Rate Note Provisions: | Applicable |
(i) Interest Payment Dates: | Interest will be paid quarterly in arrears on 30 January, 30 April, 30 July and 30 October in each year, ending on the Maturity Date, subject to adjustment in accordance with the Business Day Convention | |
(ii) Business Day Convention: | Modified Following Business Day Convention | |
(iii) Additional Business Center: | Not Applicable | |
(iv) Manner in which the Rate of Interest is to be determined: | Screen Rate Determination | |
(v) Screen Rate Determination: | ||
- Reference Rate: | 3 month EURIBOR | |
- Relevant Screen Page: | Telerate page 248 | |
- Interest Determination Date: | The second day on which the TARGET system is open prior to the start of each Interest Period | |
- Relevant Time: | 11.00 a.m. Brussels time | |
- Relevant Financial Centre: | Euro-zone | |
(viii) Margin: | 0.125% per annum | |
(ix) Minimum Rate of Interest: | Not Applicable | |
(x) Maximum Rate of Interest: | Not Applicable | |
(xi) Day Count Fraction: | Actual/360 | |
PROVISIONS RELATING TO REDEMPTION | ||
13. | Final Redemption Amount of each Note: | Par |
14. | Early Redemption Amount of each Note: | Par, payable on redemption for taxation reasons or on event of default |
GENERAL PROVISIONS APPLICABLE TO THE NOTES | ||
15. | Form of Notes: | Bearer Notes |
16. | Additional Financial Center relating to Payment Dates: | London |
DISTRIBUTION | ||
17. | TEFRA: | The D Rules are applicable |
OPERATIONAL INFORMATION | ||
18. | ISIN Code: | XS0197950636 |
19. | Common Code: | 019795063 |