Citadel Plans New Bond Sale After Recent $1 Billion Offering
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Citadel, led by Ken Griffin, plans to sell investment-grade bonds after a recent $1 billion bond offering. Major banks are set to facilitate investor calls on the new sale.
Citadel, the hedge fund founded by Ken Griffin, is preparing to sell investment-grade bonds shortly after a separate $1 billion sale that occurred last month.
The entity Citadel Finance has engaged Goldman Sachs Group Inc., JPMorgan Chase & Co., and Morgan Stanley to schedule calls with investors on Tuesday. According to a source familiar with the situation, a sale of senior unsecured notes may follow, though the individual did not wish to be named as the details are confidential.
