Citigroup sells $5 bln in guaranteed notes
Citigroup Funding Inc and Citibank NA, units of Citigroup Inc, on Thursday jointly sold $5
billion of FDIC-guaranteed notes in four parts, said IFR, a Thomson Reuters service. Citigroup was the sole bookrunning manager for the sale.
BORROWER: CITIGROUP FUNDING INC*
FIRST TRANCHE:
AMT $1.4 BLN COUPON 1.25 PCT MATURITY 6/3/2011
TYPE NOTES ISS PRICE 99.828 FIRST PAY 12/3/2009
MOODY'S Aaa YIELD 1.338 PCT SETTLEMENT 6/4/2009
S&P AAA SPREAD 38.4 BPS PAY FREQ SEMI-ANNUAL
FITCH AAA MORE THAN TREAS NON-CALLABLE
SECOND TRANCHE:
AMT $1.1 BLN COUPON 5 BPS LESS MATURITY 6/3/2011
TYPE FRN THAN 3M LIBOR FIRST PAY 9/3/2009
MOODY'S Aaa ISS PRICE 100 SETTLEMENT 6/4/2009
S&P AAA YIELD N/A PAY FREQ QUARTERLY
FITCH AAA SPREAD N/A NON-CALLABLE
BORROWER: CITIGROUP NA*
THIRD TRANCHE:
AMT $1.3 BLN COUPON 1.875 PCT MATURITY 6/4/2012
TYPE NOTES ISS PRICE 99.699 FIRST PAY 12/4/2009
MOODY'S Aaa YIELD 1.979 PCT SETTLEMENT 6/4/2009
S&P AAA SPREAD 48 BPS PAY FREQ SEMI-ANNUAL
FITCH AAA MORE THAN TREAS NON-CALLABLE
FOURTH TRANCHE:
AMT $1.2 BLN COUPON 3 BPS LESS MATURITY 6/4/2012
TYPE FRN THAN 3M LIBOR FIRST PAY 9/4/2009
MOODY'S Aaa ISS PRICE 100 SETTLEMENT 6/4/2009
S&P AAA YIELD N/A PAY FREQ QUARTERLY
FITCH AAA SPREAD N/A NON-CALLABLE
*GUARANTEED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION
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