Citigroup upsizes FRN to A$800m and prices A$1.3bn total
- Friday, 12 June 2009
On June 11 Citi Australia (A+/A2) debuted in the Australian government-guaranteed term funding market when it priced a total of A$1.3 billion (US$1.05 billion) of fixed and floating rate three-year notes. This is the first billion-plus dollar deal from a foreign subsidiary bank in Australia under the terms of the local sovereign guarantee.
