Wednesday, June 13, 2007

Citigroup offers biggest ever Samurai bond issue

(Reuters) - Combined with the latest Samurai issuance, the total amount
of Citigroup's yen-denominated bonds is expected to be 400
billion yen and the biggest yen-denominated issue, topping
Matsushita Electric Industrial Co. Ltd.'s 300 billion
yen issue in 2002, the Nikkei business daily said on Thursday.




The Samurai bonds consist of 30 billion yen in three-year
fixed-rate bonds with a 1.51 percent coupon, 35 billion yen in
five-year bonds with a 1.86 percent coupon, 80 billion yen in
seven-year bonds with a 2.13 percent coupon, 65 billion yen in
10-year bonds with a 2.38 percent coupon, 30 billion yen in
three-year floating-rate bonds and 30 billion yen in five-year
floating-rate bonds, Nikko Citigroup said.


Read more at Reuters.com Bonds News

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