Bloomberg News

Citigroup Targets Reduction in Long-Term Debt by End of 2012

January 24, 2012

Jan. 24 (Bloomberg) -- Citigroup Inc. is targeting long- term debt of about $250 billion to $260 billion by the end of 2012 from $324 billion as of the end of last year.

The New York-based company gave the figures in a presentation on its website today.

To contact the reporter on this story: Bradley Keoun in New York at

To contact the editor responsible for this story: Steve Dickson at

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