Bloomberg News
NEW YORK Citigroup Inc. on Monday more than doubled its global bond sale, to $5 billion, with the largest issue to hit the market in a month.
The company sold an extra $2.5 billion of its existing senior notes priced at 6.75% due 2005 and $2.5 billion of new 6.5% senior notes set to mature in 2011.
Citi had originally planned to sell $2 billion of securities. The issue is the biggest since British Telecommunications PLC sold a $10 billion issue at the beginning of last month.