Citigroup’s erroneous maturity date on $ 1 billion 18-year bond – Yahoo Finance
(Bloomberg) – Investors in a billion dollar subordinated bond issued by Citigroup Inc. seven years ago received an unusual notice on Thursday: their bond will not mature in five years, but in 2043 instead . The New York-based bank made a mistake when drafting the bond’s prospectus in 2013. While the document was titled “6.675% […]
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