All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIG

Citi aims for $500m in senior buyback

Citi is aiming to take up to $500m of its senior debt off the market in a liability management exercise intended to manage excess liquidity. The trade is the latest in a string of liability management transactions, a trend that bankers only expect to continue as banks seeks to reduce their balance sheets and retire unnecessary debt.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree