NYSE:CBanks
Citigroup (C) Zero Coupon Notes Put Its Undervalued Narrative Back In Focus
Citigroup (C) recently completed a US$41.1 million fixed income offering of senior unsecured zero coupon notes due August 2056, giving investors fresh information on the bank’s long term funding activity and capital structure.
See our latest analysis for Citigroup.
The fresh US$41.1 million zero coupon issue sits alongside a busy period for Citigroup, which recently reported its strongest quarterly revenue performance in a decade and has been active in long dated funding and senior hiring in...