By Sheri Kasprzak
New York, Nov. 9 - Citigroup Inc. came to market Wednesday with $500 million of five-year floating-rate notes, according to an FWP filing with the Securities and Exchange Commission.
The notes (A3/A/A+) were priced at par to yield Libor plus 215 basis points.
Citigroup Global Markets Inc. was the bookrunner for the deal. The senior co-managers were Guzman & Co., MFR Securities Inc. and Muriel Siebert & Co. Inc.
Proceeds will be used for general corporate purposes.
| Issuer: | Citigroup Inc.
|
| Issue: | Floating-rate notes
|
| Amount: | $500 million
|
| Maturity: | Nov. 21, 2016
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Senior co-managers: | Guzman & Co., MFR Securities Inc., Muriel Siebert & Co. Inc.
|
| Coupon: | Libor plus 215 bps
|
| Price: | Par
|
| Yield: | Libor plus 215 bps
|
| Pricing date: | Nov. 9
|
| Settlement date: | Nov. 21
|
| Ratings: | Moody's: A3
|
| Standard & Poor's: A
|
| Fitch: A+
|
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