Citicorp said it will redeem three debt issues totaling $262.3 million next month.
Most of the notes to be redeemed will be Citicorp Person-to-Person 8 3/4% guaranteed subordinated capital notes due March 1, 1998. The notes will be redeemed at par plus interest accrued to Aug. 9. The bulk of Citicorp Person-to-Person's activities were folded into Citicorp Mortgage Inc.
Citicorp is also redeeming its extendible notes due Aug. 15, 1998, at par plus accrued interest to Aug. 15, and the 53/4% convertible subordinated notes due June 30, 2000, at par plus accrued interest to Aug. 16.
