Rochester, NY 7/28/2009 10:48:44 PM
Citigroup, Inc. C, looking 10-years into the future with euro bond
Citigroup Inc.
Citigroup Inc. will issue a EUR1.75 billion bond maturing in September 2019, the spread will be at 385 basis points over mid-swaps. This is a self-lead deal stated the bank.
Order books for the transaction have exceeded EUR7 billion, attracting attention from more than 450 investors, the bank said.
Details on the price will come later on Tuesday.
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In other news the bank is looking to technology and the future as it expands it mobile banking to smartphones, including most BlackBerry® smartphones, Palm® devices and iPhone(TM) mobile devices.
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