New Issue: Citigroup taps market for $500 million five-year floaters to yield Libor plus 104 bps

By Andrea Heisinger

New York, July 23 - Citigroup Inc. sold $500 million of five-year floating-rate notes (Baa2/A-/A) during Tuesday's session at par to yield Libor plus 104 basis points, according to an FWP filing with the Securities and Exchange Commission.

There is no call option.

The bookrunner was Citigroup Global Markets Inc.

The financial services company is based in New York.

Issuer:	Citigroup Inc.
Issue:	Floating-rate notes
Amount:	$500 million
Maturity:	July 30, 2018
Bookrunner:	Citigroup Global Markets Inc.
Co-managers:	Cabrera Capital Markets, LLC, M.R. Beal & Company, nabSecurities, LLC, Natixis Securities Americas LLC, TD Securities (USA) LLC
Coupon:	Libor plus 104 bps
Price:	Par
Yield:	Libor plus 104 bps
Call:	Non-callable
Trade date:	July 23
Settlement date:	July 30
Ratings:	Moody's: Baa2
	Standard & Poor's: A-
	Fitch: A

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