By Andrea Heisinger
New York, Jan. 26 - Citigroup Inc. reopened its floating-rate notes due Dec. 9, 2010 that are backed by the Federal Deposit Insurance Corp. to add $100 million, according to a 424B2 filing with the Securities and Exchange Commission.
The notes (Aaa/AAA/AAA) priced at 100.8231 with a coupon of three-month Libor plus 55 basis points. The non-callable notes pay interest quarterly.
Total issuance is $1.35 billion, including $1.25 billion issued Dec. 9.
Citigroup Global Markets Inc. was the bookrunner.
The financial services company is based in New York City.
| Issuer: | Citigroup Inc.
|
| Guarantor: | Federal Deposit Insurance Corp.
|
| Issue: | FDIC-backed floating-rate notes
|
| Amount: | $100 million reopened
|
| Maturity: | Dec. 9, 2010
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Coupon: | Three-month Libor plus 55 bps
|
| Price: | 100.8231
|
| Call: | Non-callable
|
| Trade date: | Jan. 23
|
| Settlement date: | Jan. 30
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
| Total issuance: | $1.35 billion, including $1.25 billion issued Dec. 9
|
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