-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, ECTwvFDIzEeXrjdu4YQnDAFJT9fR9X7QYdrNdlEx7C2gdaFGE8ocOWfDrlTheaaN UAQye3LysCK/nm0IAId/Bw== 0000020405-95-000068.txt : 19950612 0000020405-95-000068.hdr.sgml : 19950612 ACCESSION NUMBER: 0000020405-95-000068 CONFORMED SUBMISSION TYPE: 424B5 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950609 SROS: CSX SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITICORP CENTRAL INDEX KEY: 0000020405 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 132614988 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B5 SEC ACT: 1933 Act SEC FILE NUMBER: 033-64574 FILM NUMBER: 95546273 BUSINESS ADDRESS: STREET 1: 399 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10043 BUSINESS PHONE: 2125591000 MAIL ADDRESS: STREET 1: 425 PARK AVE- 2ND F STREET 2: ATTN: LEGAL AFFAIRS OFFICE CITY: NEW YORK STATE: NY ZIP: 10043 FORMER COMPANY: FORMER CONFORMED NAME: FIRST NATIONAL CITY CORP DATE OF NAME CHANGE: 19740414 FORMER COMPANY: FORMER CONFORMED NAME: CITY BANK OF NEW YORK NATIONAL ASSOCIATI DATE OF NAME CHANGE: 19680903 424B5 1 PRICING SUPPLEMENT Filed pursuant to Rule 424(b)(5) Registration No. 33-64574 CITICORP U.S. $5,000,000,000 Global Medium-Term Senior Notes, Series D U.S. $1,000,000,000 Global Medium-Term Subordinated Notes, Series D Due From 9 Months to 60 Years From Date of Issue Pricing Supplement, dated June 8, 1995 (the "Pricing Supplement") to Prospectus Supplement, dated January 26, 1995 (the "Prospectus Supplement"); to Prospectus, dated January 26, 1995 (the "Base Prospectus" and collectively with the Pricing Supplement and the Prospectus Supplement, the "Prospectus") DESCRIPTION OF NOTES The terms of the LIBOR Notes set forth in this Pricing Supplement supplement and modify, to the extent applicable, the description of general terms and provisions of Citicorp's Global Medium-Term Senior Notes, Series D set forth in the accompanying Prospectus and Prospectus Supplement. Capitalized terms not defined herein shall have the meanings assigned to such terms in the accompanying Prospectus and Prospectus Supplement.
SUMMARY OF TERMS: Title of Notes: LIBOR Senior Notes Due June 25, 2001 (the "LIBOR Notes"). Aggregate Principal Amount: $30,000,000.00. Issue Date: June 23, 1995. Stated Maturity Date: June 25, 2001. Interest Rate Index: Three Month LIBOR. Spread: Plus 20.0 basis points. Initial Interest Rate: Three Month LIBOR plus 0.20%, as determined on the second Market Day preceding the Issue Date. Interest Rate: For each Interest Rate Reset Period, Three Month LIBOR plus 0.20%, as determined on the second Market Day preceding the related LIBOR Determination Date, or in the case of the Initial Interest Rate, the second Market Day preceding the Issue Date. Interest Commencement Date: June 23, 1995. Interest Payment Dates: Quarterly, on the 23rd of each March, June, September and December, commencing September 25, 1995, and at Stated Maturity. Interest Rate Reset Period: Quarterly. Interest Reset Dates: The 23rd of each March, June, September and December. LIBOR Interest Determination Dates: Pertaining to an Interest Reset Date, the second Market Day preceding such related Interest Reset Date. Index Maturity: Three Months. LIBOR Screen Reference: Telerate Screen Page 3750. Calculation Dates: The related LIBOR Interest Determination Date. Redemption: The Notes are subject to redemption at the option of Citicorp, on not more than 60 or less than 30 days' notice, on each Interest Payment Date, on and after June 23, 1998, at a redemption price of 100% of their principal amount plus accrued and unpaid interest to the redemption date. Sinking Fund: The LIBOR Notes are not subject to any sinking fund. Exchange Listing: The LIBOR Notes will not be listed on the Luxembourg Stock Exchange. Calculation Agent: Citibank, N.A. Agent: Sanwa International PLC. Commission: .100%. Price to Public: 100%.
Global Notes Effective March 1, 1995, The Euroclear System ("Euroclear") and Cedel Bank, societe anonyme ("Cedel") modified their clearance procedures such that an issuance of notes represented by a permanent global note which is exchangeable in part for notes in definitive form at the request of a beneficial owner is no longer accepted. Citicorp is therefore required to modify certain of the terms of its U.S. $5,000,000,000 Global Medium-Term Senior Notes, Series D (the "Senior Notes") and U.S. $1,000,000,000 Global Medium-Term Subordinated Notes, Series D (the "Subordinated Notes" and together with the Senior Notes, the "Notes") issued after April 20, 1995, as described in this Pricing Supplement. For any Issue of Notes, interests in a temporary global Note may be exchanged only for (a) interests in a permanent global Note representing all the Notes of an Issue or (b) definitive Registered Notes or Bearer Notes representing in the aggregate all the Notes of an Issue, each in the manner and upon compliance with the procedures described under "Description of Notes -- Form and Denominations" in the Prospectus Supplement. If an Issue of Notes represented by a temporary global Note is exchangeable only for a permanent global Note, the interests of the beneficial owners in the temporary global Note representing all the Notes of such Issue will be exchangeable, commencing 45 days after the Issue Date thereof, only for interests in a permanent global Note, without interest coupons, representing the aggregate principal amount of Notes of such Issue (each, a "Permanent Global Note"). A beneficial owner of an interest in a Permanent Global Note may elect, upon not less than 60 days written notice to the London office of the Security Registrar and the London office of the Common Depositary given through Morgan Guaranty Trust Company of New York, Brussels office, as operator of Euroclear and Cedel, to exchange its interest in such Permanent Global Note for definitive Bearer Notes or definitive Registered Notes, in each case of like tenor and of an equal aggregate principal amount and in any authorized denomination. In the event that any beneficial owner of an interest in a Permanent Global Note elects to exchange its interest therein for Notes in definitive form, such beneficial owner's interest in such Permanent Global Note will be exchanged for Notes in the definitive form selected by such beneficial owner and the balance, if any, of the interests in such Permanent Global Note will be exchanged only for Notes in definitive bearer form. Upon expiration of the applicable 60 day notice period, the Common Depositary shall surrender the related Permanent Global Note to the Security Registrar in exchange for one or more definitive Bearer Notes, definitive Registered Notes or a combination thereof, as the case may be, in an aggregate principal amount equal to that of the surrendered Permanent Global Note. Subsequent to an exchange of a Permanent Global Note for Notes in definitive form, owners of interests in such Permanent Global Note may obtain Notes evidencing such owner's interest therein, in each case of like tenor and of an equal aggregate principal amount and in any authorized denomination, from Euroclear or Cedel. If an Issue of Notes represented by a temporary global Note is exchangeable only for Notes in definitive form, the interests of the beneficial owners in such temporary global Note will be exchangeable, commencing 45 days after the date of issuance thereof, for one or more definitive Registered Notes, definitive Bearer Notes, or a combination thereof, in each case, of like tenor and in an aggregate principal amount equal to that of the temporary global Note to be exchanged and in any authorized denomination, provided that each such owner of a beneficial interest in such temporary global Note provides written notice of its election to receive such definitive Registered Notes or definitive Bearer Notes, or a combination thereof, as the case may be, to the London office of the Security Registrar and the London office of the Common Depositary given through Euroclear or Cedel on or before the related Issue Date. In the absence of any such written request, Citicorp may elect, at its option, to exchange any such interest in such temporary global Note for one or more definitive Registered Notes or definitive Bearer Notes. An exchange of an interest in a temporary global Note for an interest in a permanent global Note or for definitive Bearer Notes will be made only upon written certification in the form required under the applicable Indenture as described under "Description of Notes -- Form and Denominations" in the Base Prospectus. All terms used in this Pricing Supplement which are defined in the applicable Indenture, the Prospectus Supplement or the Base Prospectus shall have the meanings assigned to them in such Indenture, Prospectus Supplement or Base Prospectus, as the case may be.
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