By Aleesia Forni
Virginia Beach, Oct. 31 - Citigroup Inc. priced $500 million of 4.95% senior notes (Baa2/A-/A) due Nov. 7, 2043 with a spread of Treasuries plus 130 basis points, according to a market source.
Pricing was at 99.721 to yield 4.968%.
Citigroup Global Markets was the bookrunner.
The financial services company is based in New York.
| Issuer: | Citigroup Inc.
|
| Amount: | $500 million
|
| Description: | Senior notes
|
| Maturity: | Nov. 7, 2043
|
| Bookrunners: | Citigroup Global Markets Inc.
|
| Coupon: | 4.95%
|
| Price: | 99.721
|
| Yield: | 4.968%
|
| Spread: | Treasuries plus 130 bps
|
| Trade date: | Oct. 31
|
| Settlement date: | Nov. 7
|
| Ratings: | Moody's: Baa2
|
| Standard & Poor's: A-
|
| Fitch: A
|
| Price guidance: | Treasuries plus 130 bps area
|
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