By Aleesia Forni
Virginia Beach, Oct. 21 - Citigroup Inc. sold $2 billion of senior notes (Baa2/A-/A) due 2023 with a spread of Treasuries plus 130 basis points, according to a market source.
The notes priced at the tight end of the Treasuries plus 135 bps area talk.
Pricing was at 99.77 to yield 3.903%.
Citigroup Global Markets Inc. was the bookrunner.
The financial services company is based in New York.
| Issuer: | Citigroup Inc.
|
| Amount: | $2 billion
|
| Description: | Senior notes
|
| Maturity: | Oct. 25, 2023
|
| Bookrunners: | Citigroup Global Markets Inc.
|
| Coupon: | 3.875%
|
| Price: | 99.77
|
| Yield: | 3.903%
|
| Spread: | Treasuries plus 130 bps
|
| Trade date: | Oct. 21
|
| Settlement date: | Oct. 25
|
| Ratings: | Moody's: Baa2
|
| Standard & Poor's: A-
|
| Fitch: A
|
| Price talk: | Treasuries plus 135 bps area
|
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