Deals 09/14/2023

Loop Capital Markets as junior co-manager on $1.5 billion perpetual preferred stock offering for Citigroup Inc.

On September 14, 2023, Loop Capital Markets acted as a junior co-manager on a $1.5 billion perpetual preferred stock offering for Citigroup Inc. The securities are rated Ba1/BB+/BBB-.

Use of proceeds are earmarked to redeem outstanding securities and for general corporate purposes.