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Citigroup Bucks Green Bond Slowdown With $1.5 Billion Deal

Offering Represents New York City Financial Services Firm's First Such Offering in US Dollars

Citigroup's headquarters is located at 388 Greenwich St. in New York City. (James Hooker/CoStar)
Citigroup's headquarters is located at 388 Greenwich St. in New York City. (James Hooker/CoStar)

Amid a marked slowdown in green-bond issuance, financial services giant Citigroup is moving ahead with a new $1.5 billion offering.

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