New Issue: Citigroup prices $500 million five-year floaters at Libor plus 144 bps

By Andrea Heisinger

New York, Sept. 20 - Citigroup Inc. sold $500 million of five-year floating-rate notes on Thursday at par to yield Libor plus 144 basis points, according to an FWP filing with the Securities and Exchange Commission.

The notes (Baa2/A-/A) are non-callable.

Citigroup Global Markets Inc. was bookrunner.

The financial services company is based in New York City.

Issuer:	Citigroup Inc.
Issue:	Floating-rate notes
Amount:	$500 million
Maturity:	Sept. 27, 2017
Bookrunner:	Citigroup Global Markets Inc.
Co-managers:	Apto Partners LLC, Guzman & Co., MFR Securities, Inc., Mischler Financial Group, Inc.
Coupon:	Libor plus 144 bps
Price:	Par
Yield:	Libor plus 144 bps
Call:	Non-callable
Trade date:	Sept. 20
Settlement date:	Sept. 27
Ratings:	Moody's: Baa2
	Standard & Poor's: A-
	Fitch: A

© 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.