Citigroup/Citibank sells $5.0 bln in 3 parts
Citibank NA and Citigroup Funding Inc, units of Citigroup Inc, on Tuesday jointly sold $5.0 billion of debt in a three-part sale, said IFR, a Thomson Reuters service.
The notes are guaranteed by the Federal Deposit Insurance Corporation under the Temporary Liquidity Guarantee Program (TLGP).
Citi was the sole bookrunning manager for the sale. BORROWER: CITIBANK NA* FIRST TRANCHE: AMT $1.5 BLN COUPON 1.25 PCT MATURITY 9/22/2011 TYPE FXD NOTES ISS PRICE 99.976 FIRST PAY 3/22/2010 MOODY'S AAA YIELD 1.262 PCT SETTLEMENT 9/22/2009 S&P AAA SPREAD 32.7 BPS PAY FREQ SEMI-ANNUAL FITCH AAA MORE THAN TREAS NON-CALLABLE SECOND TRANCHE: AMT $1.0 BLN COUPON 0.0 BPS/ MATURITY 9/21/2012 TYPE FRN 3-MONTH LIBOR FIRST PAY 12/21/2009 MOODY'S AAA ISS PRICE 100.00 SETTLEMENT 9/22/2009 S&P AAA YIELD N/A PAY FREQ QUARTERLY FITCH AAA SPREAD N/A NON-CALLABLE BORROWER: CITIGROUP FUNDING INC* THIRD TRANCHE: AMT $2.5 BLN COUPON 1.875 PCT MATURITY 10/22/2012 TYPE FXD NOTES ISS PRICE 99.642 FIRST PAY 4/22/2010 MOODY'S AAA YIELD 1.995 PCT SETTLEMENT 9/22/2009 S&P AAA SPREAD 49.4 BPS PAY FREQ SEMI-ANNUAL FITCH AAA MORE THAN TREAS NON-CALLABLE * FDIC-GUARANTEED UNDER THE TEMPORARY LIQUIDITY GUARANTEE PROGRAM (TLGP)
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