By Andrea Heisinger
New York, Dec. 2 - Citigroup Inc. priced $500 million of 3.625% three-year notes on Friday at a spread of Treasuries plus 323.9 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (A3/A-/A+) were sold at 99.949 to yield 3.643%. They are non-callable.
Citigroup Global Markets Inc. was the bookrunner.
Senior co-managers were Blaylock Robert Van LLC, CastleOak Securities LP, MFR Securities, Inc. and MR Beal & Co.
The financial services company is based in New York City.
| Issuer: | Citigroup Inc.
|
| Issue: | Notes
|
| Amount: | $500 million
|
| Maturity: | Dec. 9, 2014
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Senior co-managers: | Blaylock Robert Van LLC, CastleOak Securities LP, MFR Securities, Inc., MR Beal & Co.
|
| Coupon: | 3.625%
|
| Price: | 99.949
|
| Yield: | 3.643%
|
| Spread: | Treasuries plus 323.9 bps
|
| Call: | Non-callable
|
| Trade date: | Dec. 2
|
| Settlement date: | Dec. 9
|
| Ratings: | Moody's: A3
|
| Standard & Poor's: A-
|
| Fitch: A+
|
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