Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Citigroup Funding Inc. > News item |
Citigroup plans PLUS linked to Market Vectors Gold Miners ETF
By Toni Weeks
San Diego, June 1 - Citigroup Funding Inc. plans to price 0% Performance Leveraged Upside Securities due June 15, 2012 linked to the Market Vectors Gold Miners exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any gain in the fund, up to a maximum payment of $12.50 to $12.80 per $10.00 security.
Investors will be fully exposed to losses.
The securities (Cusip: 17317U816) are expected to price and settle in June.
Citigroup Global Markets Inc. is the underwriter.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.