By Cristal Cody
Eureka Springs, Ark., April 26 – Citigroup Inc. sold $2 billion of 3.4% 10-year notes (Baa1/BBB+/A) in line with guidance at a spread of Treasuries plus 150 basis points on Tuesday, according to a market source.
The notes are due May 1, 2026.
Citigroup Global Markets Inc. was the bookrunner.
Citigroup is a New York-based financial services company.
| Issuer: | Citigroup Inc.
|
| Amount: | $2 billion
|
| Maturity: | May 1, 2026
|
| Securities: | Notes
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Coupon: | 3.4%
|
| Spread: | Treasuries plus 150 bps
|
| Pricing date: | April 26
|
| Ratings: | Moody’s: Baa1
|
| Standard & Poor’s: BBB+
|
| Fitch: A
|
| Price guidance: | Treasuries plus 150 bps
|
| Spread: | Treasuries plus 150 bps
|
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