Is Citigroup re redeeming series K depositary shares?

NEW YORK - Citigroup Inc. is redeeming, in whole, all $1.495 billion aggregate liquidation preference of Series K Depositary Shares representing interests in its 6.875% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series K (ticker "C Pr K") (the "Preferred Stock").

Is Citigroup XIII a preferred stock or a debenture?

One is a standard Preferred Stock, the Citigroup Inc. DEP SHS 1/1000 J ( C.PR.J ). The other is a debenture known as Trust Preferred stock: Citigroup Capital XIII - FXDFR PFS REDEEM 30/10/2040 USD 25 ( CPRN ).

Is Citigroup a good stock to buy?

Citigroup also has a traditional preferred stock, the Citigroup Inc. DEP SHS 1/1000 J, with a current yield of 9.3%. Since Citigroup was Called part of the traditional preferred, I gave it a Hold rating. I gave the TruPS version a Buy for those who agree getting Called does not seem likely. Looking for more investing ideas like this one?