Citigroup Inc. (C) Soars 3.02% on Euro Bond Issuance

On April 23, 2025, Citigroup's stock surged by 3.02% in pre-market trading, reflecting a strong start to the day's trading session.

Citigroup Inc. has issued two senior unsecured bonds denominated in euros, which are registered with the SEC. The bonds have different maturities and interest rates, with one maturing in 2029 and the other in 2036. The issuance of these bonds is part of Citigroup's ongoing efforts to diversify its funding sources and manage its liquidity.

This move by Citigroup is likely to have a positive impact on its stock price, as it demonstrates the company's financial strength and ability to raise capital in the global markets. The issuance of these bonds also reflects Citigroup's commitment to maintaining a strong balance sheet and managing its risk exposure.