By Andrea Heisinger
New York, Dec. 7 - Citigroup Inc. reopened its issue of 4.5% notes due Jan. 14, 2022 to add $250 million, according to an FWP filing with the Securities and Exchange Commission.
The notes (A3/A-/A+) were sold at 96.441 to yield 4.95% with a spread of Treasuries plus 290 basis points.
Total issuance is $1.25 billion, including $1 billion of notes priced on Oct. 25 at Treasuries plus 245 bps.
Citigroup Global Markets Inc. was the bookrunner.
The financial services company is based in New York City.
| Issuer: | Citigroup Inc.
|
| Issue: | Senior notes, reopened
|
| Amount: | $250 million
|
| Maturity: | Jan. 14, 2022
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Coupon: | 4.5%
|
| Price: | 96.441
|
| Yield: | 4.95%
|
| Spread: | Treasuries plus 290 bps
|
| Call: | Non-callable
|
| Trade date: | Dec. 7
|
| Settlement date: | Dec. 14
|
| Ratings: | Moody's: A3
|
| Standard & Poor's: A-
|
| Fitch: A+
|
| Total issuance: | $1.25 billion, including $1 billion priced on Oct. 25 at Treasuries plus 245 bps
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
