Adidas replaces KfW syndicated loan facility

The FINANCIAL — Following a series of successful financing activities, adidas has replaced the syndicated revolving loan facility under participation of KfW, Germany’s state-owned development bank. The company had received the approval of the German government for the participation of KfW in…

3 mins read

Citigroup declared common stock and preferred dividends

The FINANCIAL — The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on November 25, 2020 to stockholders of record on November 2, 2020. The Board of Directors of Citigroup…

2 mins read

Citigroup released Q3 financial results

The FINANCIAL — Citigroup Inc. reported net income for the third quarter 2020 of $3.2 billion, or $1.40 per diluted share, on revenues of $17.3 billion. This compared to net income of $4.9 billion, or $2.07 per diluted share, on revenues of…

11 mins read