245 views

Citigroup offering $2.35b in cash-settled exchangeable bonds to AIA Group

The bonds are due on 26 February 2026.

Citigroup Global Markets Holdings announced that it is offering $2.35b in cash-settled exchangeable bonds that are due in 2026. 

In a statement, Citigroup said the bonds are referable to AIA Group Limited shares. 

The bonds do not have an interest rate and will be redeemed on 26 February 2026. 

The exchange price will be set at a 23.5% premium over the reference share price on 10th February 2023. 

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Allianz buys HSBC Life Singapore for $2.1b
The agreement includes a 15 year exclusive bancassurance partnership through HSBC.
Insurance
North Point redevelopment site offered for private sale
The vacant property can be developed for residential, office, commercial, or hotel use.
Kowloon City elderly care site launched for tender
The approved redevelopment scheme could provide 141 beds across an 11-storey care home.