C » Topics » Issuance of Enhanced Trust Preferred Securities (TruPS) in Public Offerings

This excerpt taken from the C 10-K filed Feb 22, 2008.

Issuance of Enhanced Trust Preferred Securities (TruPS) in Public Offerings

During the fourth quarter, the Company issued a total of $4.2875 billion of Enhanced TruPS. On December 21, 2007, the Company settled a $3.5 billion offering of Enhanced TruPS. These securities bear an 8.30% coupon. On November 27, 2007, the Company settled a $787.5 million offering of Enhanced TruPS. These securities bear a 7.875% coupon.

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