By Cristal Cody
Eureka Springs, Ark., Oct. 17 – Citigroup, Inc. priced $3 billion of 3.2% 10-year notes to yield Treasuries plus 145 basis points on Monday, according to a market source.
The notes (Baa1/BBB+/A) priced in line with talk.
Citigroup Global Markets Inc. was the bookrunner.
Citigroup is a financial services company based in New York.
| Issuer: | Citigroup, Inc.
|
| Amount: | $3 billion
|
| Description: | Notes
|
| Maturity: | Oct. 21, 2026
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Coupon: | 3.2%
|
| Spread: | Treasuries plus 145 bps
|
| Trade date: | Oct. 17
|
| Ratings: | Moody’s: Baa1
|
| S&P: BBB+
|
| Fitch: A
|
| Price guidance: | Treasuries plus 145 bps area
|
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