Report title: S&P Corrects Rating On One Subordinated Issue Of Citigroup Inc.
from S&P Credit Research
415 word report published Sep 04, 2009

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Abstract: NEW YORK (Standard&Poor's) Sept. 4, 2009--Standard&Poor's Rating Services said today that it has corrected its rating on Citigroup Inc.'s CHF300 million 2.75% fixed/floating rate callable notes due April 2021 (ISIN Code: CH0024683192) to 'A-'. Due to an administrative error, this issue was inadvertently rated as if it were a senior issue, whereas it is subordinated. RELATED RESEARCH "Criteria Financial Institutions Banks: FI Criteria: Bank Rating Analysis Methodology Profile," March 18, 2004 RATINGS LIST Citigroup Inc. Corporate Credit Rating A/Stable/A-1 CHF300 million 2.75% fixed/floating rate callable notes due April 2021 A-

Brief Excerpt: RESEARCH Ratings Definitions S&P Corrects Rating On One Subordinated Issue Of Citigroup Inc. Publication date: 04-Sep-2009 Primary Credit Analyst: Scott Sprinzen, New York (1) 212-438-7812; scott_sprinzen@standardandpoors.com Secondary...

Report Type: Ratings Action
Ticker: C
Issuer: Citigroup Inc.
GICS:  Other Diversified Financial Services (40201020)
Sector: Global Issuers, Public Finance, Structured Finance
Country: United States
Region: United States
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