By Andrea Heisinger
New York, Sept. 23 - Citigroup Inc. reopened its issue of three-year floating-rate notes to add $750 million, according to an FWP filing with the Securities and Exchange Commission.
The additional notes (A3/A/A+) priced at 100.4382 with a coupon of three-month Libor plus 200 basis points. They are non-callable.
The total size of the issue is now $1.5 billion including $750 million priced at par on Aug. 6.
Citigroup Global Markets ran the books.
Cabrera Capital Markets, Lebenthal & Co. LLC, MFR Securities, M.R. Beal & Co. and Muriel Siebert & Co. Inc. were co-managers.
The financial services company is based in New York City.
Issuer: | Citigroup Inc.
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Issue: | Floating-rate notes
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Amount: | $750 million, reopened
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Maturity: | Aug. 13, 2013
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Bookrunner: | Citigroup Global Markets
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Co-managers: | Cabrera Capital Markets, Lebenthal & Co. LLC, MFR Securities, M.R. Beal & Co., Muriel Siebert & Co. Inc.
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Coupon: | Three-month Libor plus 200 bps
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Price: | 100.4382
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Call: | Non-callable
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Trade date: | Sept. 22
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Settlement date: | Sept. 29
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Ratings: | Moody's: A3
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| Standard & Poor's: A
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| Fitch: A+
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