Citi hires six Hispanic-owned firms to underwrite bond offering

2022.09.27 15:24

Citigroup Inc (NYSE:) said on Tuesday it had hired six Hispanic-owned firms to co-manage its $2.75 billion bond offering, a week after the lender set new diversity goals for its workforce.

Citi is the lead underwriter for the offering. The other six firms are Apto Partners LLC, Cabrera Capital Markets LLC, Great Pacific Securities, Guzman & Company, Penserra Securities LLC and Samuel A. Ramirez & Company Inc, the bank said.

The move is in honor of the National Hispanic Heritage Month, which is celebrated annually from Sept. 15 to Oct. 15, Citigroup said.

Last week, the bank had introduced new diversity goals for gender, race and sexual orientation in its workforce for 2025.

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Citi hires six Hispanic-owned firms to underwrite bond offering