Citadel Nabs First Bond Underwriting Gig

Nov 23 2009 | 1:26pm ET

Citadel Investment Group’s nascent investment-banking business has won its first debt-underwriting customer.

The Chicago-based hedge fund giant’s Citadel Securities division has been named co-manager by Advanced Micro Devices for its $500 million senior note sale, which could begin as soon as today. JPMorgan Chase is the other lead underwriter.

Citadel started the investment-banking group last year.


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