New bond issue: Citigroup issued bonds for USD 3,000.0m maturing in 2026 with a 3.2% coupon.

October 19, 2016 - Cbonds

 

Citigroup issued bonds for USD 3,000.0m maturing in 2026 with a 3.2% coupon. Bonds were sold at a price of 99.941%. Bookrunner: BMO Financial Corp., Credit Agricole CIB, Credit Suisse, Danske Bank, Deutsche Bank, HSBC, ING Wholesale Banking London, RBC Capital Markets, ScotiaBank, UniCredit.
Share:
Issuer, issue numberCitigroup, 3.2% 21oct2026, USD
Type of debt instrumentDomestic bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 1,000
Amount3,000,000,000
ISINUS172967KY63
End of placement10/17/2016
Initial issue price99.941
Coupon3.2%
Coupon frequency2 time(s) per year
Settlement date10/21/2016
Maturity date10/21/2026
Issue ManagersBookrunner: Bank of Montreal, Credit Agricole CIB, Credit Suisse, Danske Bank, Deutsche Bank, HSBC, ING Wholesale Banking London, RBC Capital Markets, ScotiaBank, UniCredit
Trading floorLuxembourg S.E.
Cbonds page: Citigroup
Issuer profile:
Citigroup Inc. or Citi is an American multinational investment banking and financial services corporation headquartered in Manhattan, New York City. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group in October 1998 (announced on April 7, 1998). Citi is organized into two major segments – Citicorp and Citi Holdings. Citicorp contains two core businesses, i.e. Global Consumer Banking and Institutional Clients Group, while Citi Holdings contains Citi's non-core businesses, i.e. Brokerage and Asset Management (formerly includes Smith Barney), Global Consumer Finance, and Citi's Special Asset Portfolios.
Outstanding issues:
157 issuesUSD143,059,588,000
21 issuesEUR17,794,170,000
5 issuesCAD2,700,000,000
5 issuesCHF1,277,690,000
9 issuesGBP4,825,000,000
7 issuesJPY186,500,000,000
1 issuesSGD100,000,000
5 issuesNOK2,720,000,000
1 issuesBRL281,100,000
8 issuesCOP754,584,000,000
8 issuesAUD2,445,000,000
1 issuesPHP250,000,000
1 issuesRON105,500,000
1 issuesCNY530,000,000
2 issuesNZD800,000,000
1 issuesLKR500,000,000
2 issuesCRC3,650,000,000
Issuer rating:
Moody's Investors ServiceBaa1/StableLT- foreign currency05/28/2015
S&P Global RatingsBBB+/StableForeign Currency LT12/02/2015
S&P Global RatingsBBB+/StableLocal Currency LT12/02/2015
Fitch RatingsA/StableLT Int. Scale (foreign curr.)12/13/2016