WASHINGTON - Choice Credit Card Master Trust I, a trust formed by Citibank (Maryland), filed a registration statement with the Securities and Exchange Commission to offer $1.1 billion of credit card certificates.
According to the filing by the Citicorp unit, the offering will consist of $1 billion of floating-rate, class A credit card participation certificates, series 1992-2, and $102 million of class B credit card certificates, series 1992-2.
Citibank (Maryland) will be the seller, and Citibank (South Dakota) will be the servicer.
Underwriters will include Salomon Brothers Inc., First Boston Corp., Goldman, Sachs & Co., Lehman Brothers Inc., and J.P. Morgan Securities Inc.