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citigroup

Adidas replaces KfW syndicated loan facility

November 11, 2020

Business

1 min read

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 the € 3.0 billion syndicated loan earlier this year to bridge the unprecedented situation caused by the global coronavirus pandemic. adidas has paid back the € 500 million portion drawn in July already in October including interest and fees, which had been agreed at customary market conditions. Concurrently with replacing the KfW facility, adidas has secured a new…

Citigroup declared common stock and preferred dividends

The FINANCIAL — The Board of Directors of Citigroup Inc. today declared…

October 23, 2020

Citigroup released Q3 financial results

The FINANCIAL — Citigroup Inc. reported net income for the third quarter…

October 16, 2020

Business

Adidas replaces KfW syndicated loan facility

Published on November 11, 2020

1 min read

BANKS

Citigroup declared common stock and preferred dividends

Published on October 23, 2020

1 min read

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 Inc. also declared dividends on Citigroup’s preferred stock as follows: 5.350% Fixed Rate/Floating…

BANKS

Citigroup released Q3 financial results

Published on October 16, 2020

5 mins read

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 $18.6 billion for the third quarter 2019. Revenues decreased 7% from the prior-year…