New Issue: Citigroup prices $2 billion 1.8% three-year notes at Treasuries plus 97 bps

By Aleesia Forni

Virginia Beach, Jan. 29 – Citigroup Inc. sold $2 billion of three-year senior notes (Baa2/A-/A) on Thursday at Treasuries plus 97 basis points, an informed source said.

Pricing was at 99.924 to yield 1.826%.

The notes sold at the tight end of price talk.

Citigroup Global Markets Inc. was the bookrunner.

The bank is based in New York.

Issuer:	Citigroup Inc.
Amount:	$2 billion
Description:	Senior notes
Maturity:	Feb. 5, 2018
Bookrunner:	Citigroup Global Markets Inc.
Senior co-managers:	Barclays, CastleOak Securities LP, Deutsche Bank Securities Inc., Goldman Sachs & Co., HSBC Securities, UniCredit, Wells Fargo Securities LLC
Junior co-managers:	ANZ, Apto, Blaylock, BBVA, Bank of New York, Credit Agricole Securities, CAVU, Capital One, Drexel Hamilton, Fifth Third, Great Pac, ING, Lebenthal, Loop Capital Markets, MFR, Mischler Financial, NAB, Nomura, PNC, RBC, RBI, Scotia, Siebert, SMBC, SunTrust, Williams Capital Group LP
Coupon:	1.8%
Price:	99.924
Yield:	1.826%
Spread:	Treasuries plus 97 bps
Trade date:	Jan. 29
Settlement date:	Feb. 5
Ratings:	Moody’s: Baa2
	Standard & Poor’s: A-
	Fitch: A
Distribution:	SEC registered
Price talk:	100 bps area

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