Citigroup to sell three-year notes in fixed-, floating-rate tranches

By Aleesia Forni

Virginia Beach, Aug. 7 – Citigroup Inc. is in Thursday’s market with three-year senior notes (Baa2/A-/A) in fixed- and floating-rate tranches, an informed source said.

The fixed-rate notes are talked in the high-70 basis points area over Treasuries, and the floating-rate notes are being talked at the Libor equivalent.

Citigroup Global Markets Inc. is the bookrunner.

The bank is based in New York.

© 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.