U.S. Treasury To Sell Citigroup Warrants

The U.S. Treasury announced today that it intends to sell the remaining Citigroup warrants it owns sometime this quarter.  It intends to sell these warrants in a public offering using a modified Dutch auction.  Deutsche Bank is handling the sale.

The Treasury also intends to dispose of its warrants in Boston Private Financial Holdings and Wintrust Financial.

Read the U.S. Treasury press release here>>

Read Bloomberg coverage here>>