Wednesday, June 13, 2007

Citigroup Raises 270 Billion Yen in Biggest Bond Sale by Foreign Company

(Bloomberg) -- Citigroup Inc., which bought a
controlling stake in Japan's third-largest broker this year,
raised 270 billion yen ($2.2 billion) in the biggest bond sale by
a foreign company in Japan.

The world's largest financial firm sold bonds that pay fixed
interest maturing in three, five, seven and 10 years, according
to Nikko Citigroup Ltd., which handled the sale. The bank also
sold floating-rate bonds that mature in three and five years.


Read more at Bloomberg Bonds News

No comments: