Citadel has raised $1.25bn through a two-part US bond offering, conducted by Citadel Finance LLC, which included a three-year and a five-year fixed-rate note, with proceeds earmarked for debt repayment and potentially general corporate purposes, according to a report by Bloomberg.

The report cites unnamed sources familiar with the matter as revealing that the $500m five-year note, maturing in 2031, priced tighter than initial guidance, at 1.65 percentage points over the benchmark versus early indications of 1.95 points, reflecting strong investor demand.

The deal comes amid a busy US bond market, where over $40bn of issuance was absorbed this week alone. Year-to-date, firms have sold nearly $309bn of US dollar-denominated bonds, underscoring robust appetite for credit from both institutional and hedge fund-related issuers.