by bondevalue | Apr 28, 2021 | Financial Institutions
Citigroup raised $5.5bn via a three-part offering. It raised: $500mn via a 4NC3 Floating Rate Note (FRN) at SOFR + 66.9bp as compared to initial guidance of SOFR equivalent $2bn via a 4NC3 bond at a yield of 0.981%, 17bp inside initial guidance of T+80bp area $3bn via...