Citadel Funds Raise $1.25 Billion From US Bond Sale

John McCrank

Fri, February 13, 2026 at 1:06 PM GMT+9 1 min read

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(Bloomberg) – 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.

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Pricing on the $500 million note maturing in 2031 tightened to 1.65 percentage points over the benchmark from initial talk of 1.95 percentage points, the person added, asking not to be identified discussing private details.

The offering adds to a wave of supply in the US bond market, where robust demand has helped absorb more than $40 billion of issuance this week. Firms have sold nearly $309 billion in US dollar bonds in 2026, according to data compiled by Bloomberg.

(Corrects the issuing entity in the headline, first and second paragraphs)

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