By Aleesia Forni
Virginia Beach, Va., Sept. 19 - Citigroup Inc. priced $1.75 billion of 2.5% five-year notes (Baa2/A-/A) with a spread of Treasuries plus 112 basis points, according to an informed source.
The notes were priced at 99.562 to yield 2.594%.
Citigroup Global Markets Inc. was the bookrunner.
The financial services company is based in New York.
Issuer: | Citigroup Inc.
|
Amount: | $1.75 billion
|
Description: | Notes
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Maturity: | Sept. 26, 2018
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Bookrunner: | Citigroup Global Markets Inc.
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Coupon: | 2.5%
|
Price: | 99.562
|
Yield: | 2.594%
|
Spread: | Treasuries plus 112 bps
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Trade date: | Sept. 19
|
Settlement date: | Sept. 26
|
Ratings: | Moody's: Baa2
|
| Standard & Poor's: A-
|
| Fitch: A
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