ADVFN - Advanced Financial Network.
HOME» NYSE » C » C Stock Price » C Stock News

Citigroup Share News

 Citigroup Stock Price
C Stock Price
 Citigroup Stock Chart
C Stock Chart
 Citigroup Stock News
C Stock News
 Citigroup Company Information
C Company Information
 Citigroup Stock Trades
C Stock Trades

Italy's Snam Secures EUR11 Billion Credit Lines With 11 Banks

DOW JONES NEWSWIRES Italian natural gas grid Snam SpA (SRG.MI) said Thursday it has secured EUR11 billion in credit lines with 11 international and domestic banks, which will allow the company to meet its capital requirements. The 11 banks are Banca IMI-Intesa Sanpaolo (ISP.MI), Bank of America (BAC), BNP Paribas (BNP.FR), Citigroup (C), HSBC, J.P. Morgan Chase (JPM), Mediobanca (MB.MI), Morgan Stanley (MS), Societe Generale (SCGLY), UBS (UBS) and UniCredit (UCG.MI). In a filing to the Italian stock exchange, the company said the agreement, which will allow Snam to carry out heavy infrastructure investments, represents a step forward in attaining its financial independence from state-controlled Eni SpA (E, ENI.MI). Last week, the government ordered Eni to sell its roughly 52% stake in Snam as part of a plan to separate the two companies. Eni's board agreed to a preliminary binding sale of 30% less one share in Snam, for EUR3.52 billion, to lender Cassa Depositi e Prestiti SpA. Earlier this week, Snam also announced a plan to issue bonds for up to EUR8 billion until June 2013. Exchange Web site: www.borsaitaliana.it -By Enza Tedesco, Dow Jones Newswires, enza.tedesco@dowjones.com

Stock News for Citigroup (C)
DateTimeHeadline
10/29/201415:01:09Gilead: Buy the Dip -- Barron's
10/29/201412:51:54Deutsche Bank: Less Involved in FX Probes Than Other Banks
10/27/201411:55:31Saying Farewell to a Tranquil Stock Market -- Barron's
10/26/201412:24:21Italy's Monte Paschi: Board Started Evaluating Actions to Include...
10/23/201408:44:19A Look at Oil Refiners, Ebola Fighters -- Barron's
10/17/201416:23:38Oil Futures Halt Slide Notch Gain for Second Straight Day...
10/16/201411:00:09Philadelphia Fed October Business Index Slows
10/14/201423:21:08Citigroup Consumer Chief Plans to Leave
10/14/201423:09:23Citigroup Consumer Chief Plans to Leave -- Update
10/14/201421:59:36Global Oil Glut Sends Prices Plunging
10/14/201417:58:52MARKET SNAPSHOT: S&P 500 Snaps 3-day Losing Streak
10/14/201417:54:46Market Swoon Bruises Some Hedge Funds--Update 1
10/14/201417:34:58MARKET SNAPSHOT: U.S. Stocks Rise Amid Upbeat Earnings
10/14/201417:33:08U.S. Hot Stocks: Hot Stocks to Watch
10/14/201417:26:48MARKET SNAPSHOT: U.S. Stocks: Futures Climb As Citi, J&J Earnings...
10/14/201412:36:27MARKET SNAPSHOT: U.S. Stocks: Futures Climb As JPM Reports, Citi...
10/14/201410:23:56MARKET SNAPSHOT: U.S. Stocks: Futures Flat As JPM, Citi Earnings...
10/13/201417:26:25U.S. Stocks Drop Again
10/13/201416:41:12MARKET SNAPSHOT: U.S. Stocks End Monday Sharply Lower On Late...
10/13/201416:04:10MARKET SNAPSHOT: U.S. Stocks Build On Last Week's Losses

Citigroup and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad