Citibank Announces $1.75 Billion Redemption of 5.864% Notes Due 2025 and $750 Million Redemption of Floating Rate Notes Due 2025
NEW YORK--(BUSINESS WIRE)--Citibank, N.A. is announcing the redemption, in whole, constituting $1,750,000,000 of its 5.864% Notes due 2025 (the âfixed rate notesâ) (ISIN: US17325FBA57) and $750,000...
Does this redemption signal a shift in Citibank's debt strategy or credit profile compared to peers, and could it influence its credit rating outlook?
What impact will the early redemption have on the pricing and yields of the remaining 2025 fixedârate and floatingârate bonds?
How will the redemption of $2.5âŻbn of 2025 notes affect Citibank's shortâterm liquidity and funding costs?
5 days ago