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
09/28/201615:50:06Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/28/201614:33:00Citi Joins Early Warning’s clearXchange® Network
09/28/201613:20:39Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/28/201611:54:54Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/28/201608:40:00Wells Fargo Isn't the Only Bank That Draws Cross-Selling Complaints
09/27/201617:24:00Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/27/201617:18:22Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
09/27/201616:56:36Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/27/201616:51:39Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/27/201614:50:00Oil Prices Slide as OPEC Deal Seen as Unlikely
09/27/201613:17:39Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/27/201611:34:11Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/27/201608:30:00C-Tracks ETNs linked to the Miller/Howard MLP Fundamental Index...
09/26/201617:30:27Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/26/201612:15:12Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/26/201611:00:00Carnival Boosts Guidance as Profit Rises 17%
09/23/201613:15:00Citi Sells Reinsurance Block to Munich Re
09/23/201612:43:12Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/23/201606:02:55Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/22/201618:30:00Wells Fargo CEO Steps Down From Federal Reserve Advisory Council

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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad