New Issue: Citigroup prices $1.75 billion of 1.25% three-year notes at Treasuries plus 95 bps

By Andrea Heisinger

New York, Jan. 3 - Citigroup Inc. priced $1.75 billion of 1.25% three-year notes (Baa2/A-/A) on Thursday at Treasuries plus 95 basis points, a market source said.

Pricing was at the tight end of talk that was set in the low Treasuries plus 100 bps area earlier in the day.

The notes sold at 99.747 to yield 1.336%. There is no call option.

Citigroup Global Markets Inc. was bookrunner.

The financial services company is based in New York City.

Issuer:	Citigroup Inc.
Issue:	Notes
Amount:	$1.75 billion
Maturity:	2016
Bookrunner:	Citigroup Global Markets Inc.
Co-managers:	Deutsche Bank Securities Inc., Goldman Sachs & Co., UBS Securities LLC, Wells Fargo Securities LLC, Banca Intesa, Barclays, Blaylock Robert Van LLC, BNY Mellon Capital Markets LLC, Capital One Financial, CastleOak Securities LP, CIBC World Markets Corp., Comerica Securities, Inc., Credit Suisse Securities (USA) LLC, HSBC Securities (USA) Inc., Kota Global Securities, Lebenthal, MFR Securities, Mizuho Securities (USA) Inc., PNC Capital Markets LLC, RBC Capital Markets LLC, RBS Securities Inc., Scotia Capital (USA) Inc., SMBC Nikko Capital Markets Ltd., SunTrust Robinson Humphrey Inc., TD Securities (USA) LLC, Williams Capital Group LP
Coupon:	1.25%
Price:	99.747
Yield:	1.336%
Spread:	Treasuries plus 95 bps
Call:	Non-callable
Trade date:	Jan. 3
Settlement date:	Jan. 10
Ratings:	Moody's: Baa2
	Standard & Poor's: A-
	Fitch: A
Price talk:	Low 100 bps area (initial)

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