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This excerpt taken from the C 8-K filed Jun 10, 2009. U.S. Treasury Public
Transaction”).
Additionally,
the preferred stock held by the U.S. Treasury that is not exchanged in the U.S.
Treasury Private Transaction or the U.S. Treasury Public Transaction, together
with the preferred stock held by the FDIC, will be exchanged, contemporaneously
with the closing of the U.S. Treasury Public Transaction, for trust preferred
securities with a coupon of 8% maturing in 2039 and having other material terms
substantially similar to Citigroup’s outstanding TRUPS® (the
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