Citigroup (C) concluded the recent trading session at $62.75, signifying a +1.77% move from its prior day's close.
(Bloomberg) -- Citigroup Global Markets Holdings Inc. offered convertible bond investors a chance to get exposure to fashion and fine wine conglomerate LVMH Moet Hennessy Louis Vuitton SE with an unusual exchangeable note. Most Read from BloombergBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990London Insurers Face Baltimore Bridge Payouts Worth BillionsTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 R
LONDON, March 27, 2024--Citigroup Global Markets Holdings Inc. (the "Issuer") announces the offering of guaranteed cash-settled exchangeable bonds due April 2029 (the "Bonds") in an aggregate principal amount of minimum EUR 375,000,000 and maximum EUR 400,00,000. The Bonds are referable to ordinary shares (the "Shares") of LVMH Moet Hennessy Louis Vuitton (the "Company"). Exchange rights in respect of the Bonds will be cash-settled only.