Citi Partners Veteran-Owned Firms Exclusively to Distribute Recent $3.0 Billion Bond Issuance.
Citi issued 3-year non-call 2-year senior fixed-to-floating and floating-rate notes indexed to LIBOR. The bonds priced on May 15 and Citi hired eight veteran-owned firms to distribute the bonds to investors. The firms included Academy Securities, Inc.; American Veterans Group, PBC; AmeriVet Securities Inc.; Bancroft Capital, LLC; Drexel Hamilton, LLC; Mischler Financial Group, Inc.; Multi-Bank Securities, Inc.; and Roberts & Ryan Investments Inc.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Citi partnered with Roberts and Ryan as part of a $3 Billion bond offering that donated $25,000 to Boulder Crest Retreat.