Citibank 2014 Annual Report Download - page 12

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all of Ally’s private placements. In November, Citi served as
a joint bookrunner on Kinder Morgan, Inc.’s $6 billion bond
offering as part of the financing for its acquisition of Kinder
Morgan Energy Partners, L.P., Kinder Morgan Management,
LLC and El Paso Pipeline Partners, L.P.
Corporate and Investment Banking
Citi’s Corporate and Investment Banking franchises provide
comprehensive relationship coverage service to ensure the
best possible service and responsiveness to clients. With its
strong presence in many nations, Citi uses country, sector
and product expertise to deliver our global capabilities to
clients wherever they choose to compete.
Citi’s Corporate and Investment Banking client teams
are organized by industry and by country. Each team is
composed of two parts: Strategic Coverage Officers focus on
mergers and acquisitions and equity and related financing
solutions, while Corporate Bankers — in partnership with
Citi’s Capital Markets specialists and with support from the
Global Subsidiaries Group — deliver corporate banking and
finance services to global, regional and local clients.
In 2014, Citi advised on several transformational transactions.
For instance, we were lead financial advisor to AB Acquisition
LLC (Albertson’s) and to an investor group led by Cerberus
Capital Management, L.P. in acquiring all of the outstanding
shares of Safeway Inc. Citi also was a joint lead arranger on
the financing for the transaction. Citi advised Kinder Morgan,
Inc. on its acquisition of all of the outstanding publicly held
Citi introduced Citi Working Capital Analytics, which is
designed to support strategic decision making for a company’s
treasury, procurement and shared service center organizations.
Affordable Housing Finance magazine named Citi Community
Capital as the number one Affordable Housing Lender in the U.S.
International Financing Review named Citi Best Global
Derivatives House, Best Global Credit Derivatives House
and Best Global Emerging Markets Bond House.
Global Finance awarded Citi with several global honors,
including Best Corporate Bank, Best Emerging Markets
Bank, Best Cash Management Bank, Best Trade Finance
Bank and Best Subcustody Bank.
Citi was named Best Corporate/Institutional Internet
Bank globally as well as Best Investment Management
Services and Online Cash Management globally by
Global Finance magazine.
Citi was named Best Global Flow House and Best Global
Emerging Market Investment Bank by Euromoney as well
as Top FX Bank, Best Investment Bank in Central & Eastern
Europe and Best Investment Bank in Latin America.
Citi was named Clearing Bank of the Year by GlobalCapital
Derivatives and was recognized by Structured Retail
Products Online for Innovation and Achievements in
Structured Products.
Citi topped the Global Investor/ISF 2014 Transition
Management Survey and received Roll of Honor
recognition in six categories in the Global Custodian 2014
OTC Derivatives Prime Brokerage Survey, the largest
number of honors of any prime broker in the survey.
Citi has pledged to source $2.5 billion in incremental
capital to improve access to electricity for millions of
people across Africa as part of the Power Africa initiative.
Over the past two years, Citi has spearheaded more than
$1.5 billion in funding for the continent’s power sector.
2014 Highlights
11