On June 9, 2015, Citigroup Inc. completed a maple bond offering of subordinated notes due June 9, 2025, in the aggregate principal amount of $600 million (the Notes).
The offering was made by way of a private placement. The proceeds of the offering will be used for general corporate purposes.
The Notes were sold through Citigroup Global Markets Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc., RBC Dominion Securities Inc., TD Securities Inc., Desjardins Securities Inc. and HSBC Securities (Canada) Inc.
Citigroup Inc. was assisted in Canada by Blake, Cassels & Graydon LLP with a team which was composed of Steve Ashbourne, Markus Viirland, Rich Turner and Adam Garetson (corporate and securities).
The dealers were represented in Canada by Stikeman Elliott LLP with a team which was composed of D’Arcy Nordick, Jeff Hershenfield and Ian Noble (corporate and securities).