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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Citigroup Inc | NYSE:C | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.67 | 1.07% | 63.42 | 63.4299 | 62.285 | 62.59 | 11,558,085 | 23:13:04 |
By Dave Sebastian
Citigroup Inc. said it has issued a $2.5 billion social bond focused on affordable housing, with proceeds going to finance development and preservation of properties for low- and moderate-income populations in the U.S.
The bank said it reported $6 billion in lending for affordable rental housing projects.
Citigroup said it worked exclusively with women, veteran and minority-owned broker-dealers for the transaction, including active bookrunners Blaylock Van LLC; CastleOak Securities LP; Loop Capital Markets LLC and Samuel A. Ramirez & Co. Inc.
Academy Securities Inc., Great Pacific Securities, MFR Securities Inc., Roberts & Ryan Investments Inc. and Siebert Williams Shank & Co. LLC served as co-managers for the transaction.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
October 30, 2020 08:55 ET (12:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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