The U.S. Department of Treasury is planning to auction its warrants in Citigroup along with Boston Private Financial Holdings and Wintrust Financial, The Wall Street Journal reports. The Treasury is seeking to sell the warrants it received in consideration for investments made under the Troubled Asset Relief Program.

The Treasury holds warrants to buy an additional 465.1 million Citi shares, and 1.6 million shares in Wintrust. The warrants will be sold through a public offering, using a Dutch auction method. Deutsche Bank Securities has been appointed as the sole bookrunner for the transaction.

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