By Andrea Heisinger
New York, Aug. 12 - Citigroup Inc. priced $3 billion of 6.5% five-year senior notes Tuesday to yield Treasuries plus 337.5 basis points, an informed source said.
The notes priced at 99.941 to yield 6.514%. There was no guidance prior to pricing, the source said.
Citigroup Global Markets Inc. was the bookrunner.
The financial services company is based in New York City.
| Issuer: | Citigroup Inc.
|
| Issue: | Senior notes
|
| Amount: | $3 billion
|
| Maturity: | Aug. 19, 2013
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Coupon: | 6.5%
|
| Price: | 99.941
|
| Yield: | 6.514%
|
| Spread: | Treasuries plus 337.5 bps
|
| Trade date: | Aug. 12
|
| Settlement date: | Aug. 19
|
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