Citigroup offers MXN 500 million in inflation-linked notes
C•Citigroup will issue MXN 500 million of senior inflation-linked notes on October 23, 2026, maturing October 23, 2037. The notes carry a 5.1% fixed rate linked to Mexico’s UDI inflation index, pay interest semiannually, and have an expected S&P rating of BBB+.
1. Note terms
Citigroup will issue MXN 500 million of senior inflation-linked notes on October 23, 2026, at 100% of principal. The notes mature October 23, 2037, and interest is linked to Mexico’s UDI inflation index using a 5.1% fixed rate, with semiannual payments beginning April 23, 2027. Inflation-linked redemption has a minimum repayment of 100% of the calculation amount, and S&P is expected to assign the notes a BBB+ rating at issuance.
