New Issue: Citigroup prices $750 million three-year floaters at Libor plus 52 bps

By Aleesia Forni

Virginia Beach, April 25 - Citigroup Inc. priced $750 million of floating-rate senior notes (Baa2/A-/A) due May 1, 2017 at par to yield Libor plus 52 basis points, according to a FWP filing with the Securities and Exchange Commission.

Citigroup Global Markets Inc. was the bookrunner.

The bank is based in New York.

Issuer:	Citigroup Inc.
Amount:	$750 million
Description:	Senior notes
Maturity:	May 1, 2017
Bookrunner:	Citigroup Global Markets Inc.
Co-managers:	Blaylock Robert Van, LLC, C.L. King & Associates Inc., Great Pacific Securities, Lebenthal & Co. LLC, Loop Capital Markets LLC
Coupon:	Libor plus 52 bps
Price:	Par
Yield:	Libor plus 52 bps
Trade date:	April 24
Settlement date:	May 1
Ratings:	Moody's: Baa2
	Standard & Poor's: A
	Fitch: A
Distribution:	SEC-registered

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.