By Aleesia Forni
Virginia Beach, Feb. 12 – Citigroup Inc. sold a $500 million add-on to its existing 1.8% senior notes (Baa2/A-/A) due 2018 on Thursday at Treasuries plus 90 basis points, an informed source said.
Citigroup Global Markets Inc. was the bookrunner.
The total issue size now sits at $2.5 billion, including $2 billion priced on Jan. 29 at Treasuries plus 97 bps.
The bank is based in New York.
| Issuer: | Citigroup Inc.
|
| Amount: | $500 million
|
| Description: | Add-on to senior notes
|
| Maturity: | Feb. 5, 2018
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Coupon: | 1.8%
|
| Spread: | Treasuries plus 90 bps
|
| Trade date: | Feb. 12
|
| Ratings: | Moody’s: Baa2
|
| Standard & Poor’s: A-
|
| Fitch: A
|
| Total amount: | $2.5 billion, including $2 billion priced on Jan. 29 at 97 bps spread
|
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