Citi Dumped from Mega $3.4 Billion Municipal Bond Deal over Gun Policy
Posted on 02/11/2023
Citigroup Inc. was excluded from a consortium of banks to handle the largest municipal-bond transaction from Texas. This is after the Texas attorney general’s office determined that Citigroup discriminates against the firearms industry. The Texas Natural Gas Securitization Finance Corporation moved to remake the syndicate on the US$ 3.4 billion deal. The Texas Public Finance…
