WASHINGTON Citigroup Inc. filed with the Securities and Exchange Commission Wednesday to sell up to $17.75 billion of securities, including debt, common, and preferred stock.
The company may also offer $12.25 billion of unsold securities from a previous registration, bringing the total amount of funds raised to $30 billion after the latest filing has cleared.
Citigroup said in the filing that the proceeds are to be used for general corporate purposes, including acquisitions, debt repayment, and funding of individual business units.
