2 years, 10 months ago
What is the source of Citigroup's $10 debt due in 2010?
1. In 2008, Citigroup announced they would pay $2.16 billion in stock and assume Wachovia senior and subordinate debt, totaling $53 billion.
2. Wells Fargo buys all of Wachovia.
Why does Citigroup have a $10 billion debt?
2. Wells Fargo buys all of Wachovia.
Why does Citigroup have a $10 billion debt?
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M$1 Answer
They have more than $10 bn due...if you post a question paying $5 I'll send you a list of all their debt due in 2010 globally.
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M$
It is 2010, now and I'm wondering, if Citigroup will sell stock to pay its debt.
How about a link, instead?