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 Completes Credit Lines Deals for EUR9 Billion

Italian natural gas company Snam SpA (SRG.MI) said Tuesday it has completed credit-line contracts for EUR9 billion ($10.9 billion) with a group of major international and domestic banks, allowing the company to meet its capital requirements, including the repaying of current debt to Eni SpA (E, ENI.MI). The figure is below the EUR11 billion credit line originally agreed to with the banks, as Snam has already managed to raise EUR2 billion through bonds issues in recent weeks. The 11 lenders are Banca IMI-Intesa Sanpaolo SpA (ISP.MI), Bank of America-Merrill Lynch (BAC), BNP Paribas S.A. (BNP.FR), Citigroup Inc. (C), HSBC Holdings PLC (HBC, 0005.HK), J.P. Morgan Chase (JPM), Mediobanca (MB.MI), Morgan Stanley (MS), Societe Generale S.A. (SCGLY), UBS AG (UBS) and UniCredit SpA (UCG.MI). In a filing to the Italian stock exchange, the company said the agreements represent a step forward in attaining its financial independence from state-controlled Eni. In June, 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. Meanwhile, Snam announced a plan to issue bonds for up to EUR8 billion until June 2013. Exchange website: www.borsaitaliana.it -Write to Enza Tedesco at enza.tedesco@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Citigroup (C)
DateTimeHeadline
03/27/201521:00:30Citigroup's Argentine Unit Suspended From Trading in Local Capital...
03/27/201517:11:23Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/27/201517:01:32Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/27/201516:56:58Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/27/201514:55:30Prospectus Filed Pursuante to Rule 424(b)(8) (424b8)
03/27/201514:04:35Why American Express Gave Costco the Boot (and Not the Other...
03/27/201513:12:12Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/27/201513:01:52Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/27/201512:05:02Why American Express Gave Costco the Boot (and Not the Other...
03/27/201506:31:30Wall Street Breakfast: Markets Prepare For Yellen Speech
03/27/201506:02:13Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/27/201506:02:13Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/27/201506:02:13Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/27/201503:28:55JPMorgan holds on to top investment banking spot
03/26/201522:20:12Citi to Sell Diners Club Credit Card Operations in Japan
03/26/201521:09:30Portfolio Changes For The First Quarter Of 2015
03/26/201516:02:26Current Report Filing (8-k)
03/26/201515:47:03Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/26/201515:03:42Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/26/201509:29:34Free Writing Prospectus - Filing Under Securities Act Rules 163/433...

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