Citigroup (C) Launches Fresh Debt Offerings, Is The Stock Still Cheap?
Citigroup (C) has just launched a fresh wave of fixed income offerings, including new senior unsecured notes with fixed coupons ranging from 4.70% to 6.20%. This funding activity gives stock investors extra context on Citi’s capital structure. Citigroup’s share price has recently eased, with a 1 day share price return of a 0.66% decline, following a 7 day share price return of 2.32% and a 90 day share price return of 5.39%. At the same time, the 1 year total shareholder return of 39.94% and...