Citigroup discusses equity offering with regulators:

12/10/2009 | CNBC · Financial Times (tiered subscription model)

As Citigroup strives to repay $20 billion it received through the Troubled Asset Relief Program, the bank is negotiating with regulators about an equity offering to raise more than $15 billion. Citigroup also plans to raise an additional $2 billion through mandatory convertible securities, sources said. Bank regulators are concerned about Citi's financial health, so the discussions might not yield a deal. Citi executives said the bank is ready to repay the government.

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CNBC · Financial Times (tiered subscription model)