Citi's leveraged finance chair to leave

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Citigroup said Barbara Matas, chairman of leveraged finance, is leaving after about three decades at the bank.

Bloomberg News reports that Matas’s last day is Friday. The firm disclosed her plans in a memo from John Chirico and Richard Zogheb, co-heads of Americas capital-markets origination, a copy of which was obtained Friday by Bloomberg.

Matas became chairman of the group in January 2013, when the bank merged its U.S. leveraged-finance origination and syndication businesses. Tom Cole and John McAuley are co-heads of Citigroup’s U.S. leveraged finance business. The firm ranked eighth in U.S. leveraged loans in 2015, arranging 262 deals valued at $34.8bn, and third in high-yield bond underwriting, with 162 deals valued at $21.8bn, excluding self-led transactions, according to data compiled by Bloomberg.

'Barbara has secured and executed numerous ground-breaking transactions', Zogheb and Chirico wrote in the memo.

To access the complete Bloomberg News article hit the link below:

Citigroup Leveraged-Finance Chairman Matas to Depart Bank

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