Citadel Funds Raise $1.25 Billion From US Bond Sale

A financing vehicle for hedge funds managed by Ken Griffin’s Citadel raised $1.25 billion from a two-part US bond sale to repay debt, with the proceeds potentially also earmarked for general corporate purposes.

Citadel Finance LLC sold a three-year fixed-rate note and a five-year fixed-rate note, according to a person with knowledge of the matter.