By Andrea Heisinger
New York, May 17 - Citigroup Inc. priced $250 million of five-year senior floating-rate notes on Tuesday at par to yield three-month Libor plus 130 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (A3/A/A+) are non-callable.
Citigroup Global Markets Inc. handled the books. Co-managers were CastleOak Securities LP and Lebenthal & Co., LLC.
The financial services company is based in New York City.
| Issuer: | Citigroup Inc.
|
| Issue: | Floating-rate notes
|
| Amount: | $250 million
|
| Maturity: | May 24, 2016
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Co-managers: | CastleOak Securities LP, Lebenthal & Co., LLC
|
| Coupon: | Three-month Libor plus 130 bps
|
| Price: | Par
|
| Yield: | Three-month Libor plus 130 bps
|
| Call: | Non-callable
|
| Trade date: | May 17
|
| Settlement date: | May 24
|
| Ratings: | Moody's: A3
|
| Standard & Poor's: A
|
| Fitch: A+
|
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