Citibank issued an additional $700 million from its reopened CCCIT 2014-A1 transaction.
The bank priced the additional A1 notes at swaps plus 48 basis points, according to an Interactive Datareport. The 2014-A1 transaction was originally sized at $850 million. The 6.82-year notes have been assigned a 'AAA' ratings by Fitch Ratings. Citigroup, BofA Merrill Lynch, Mitsubishi UFJ Securities and RBS Securities are lead underwriters on the deal.