Citi Hires Veteran-Owned Firms Exclusively to Distribute Recent $3.0 Billion Bond Issuance
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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US:NYSE Investor Relations:
citigroup.com/citi/investor/pres.htm
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Citi today announced that it worked exclusively with veteran-owned firms to syndicate a $3.0 billion bond issuance, underscoring Citi’s long-standing commitment to providing opportunities to the veterans’ community. “Citi is proud to once again support our nation’s veterans and continue partnering with diverse syndicate groups for our bond offerings,” said Michael Verdeschi, Treasurer of Citi. “While we consistently utilize diverse syndicate groups, we especially wanted to highlight the contributions of veteran-owned firms ahead of the Memorial Day holiday. Investors responded positively to this deal and the successful execution of this transaction illustrates the contributions veteran-owned businesses make to the broader capital markets.” For this transaction, Citi issued 3-year non-call 2-year senior fixed-to-floating and floating-rate notes indexed to LIBOR. The bon
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