By Andrea Heisinger
New York, May 12 - Citigroup Inc. priced $1.5 billion of 4.75% five-year senior notes late on Wednesday to yield Treasuries plus 260 basis points, a source close to the deal said.
The notes (A3/A/A+) priced at 99.447 to yield 4.876%. They are non-callable.
Citigroup Global Markets Inc. was the bookrunner.
The financial services company is based in New York City.
| Issuer: | Citigroup Inc.
|
| Issue: | Senior notes
|
| Amount: | $1.5 billion
|
| Maturity: | May 19, 2015
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Coupon: | 4.75%
|
| Price: | 99.447
|
| Yield: | 4.876%
|
| Spread: | Treasuries plus 260 bps
|
| Call: | Non-callable
|
| Trade date: | May 12
|
| Settlement date: | May 19
|
| Ratings: | Moody's: A3
|
| Standard & Poor's: A
|
| Fitch: A+
|
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