Published on 6/28/2005 in the Prospect News Convertibles Daily.
New Issue: Citigroup prices $72.1 million 6.75% Elks exchangeable for Home Depot
New York, June 28 - Citigroup Funding Inc. priced $72.1 million of one-year 6.75% Elks linked to Home Depot, Inc. common stock, according to a 424B5 document filed with the Securities and Exchange Commission.
| Issuer: | Citigroup Funding Inc.
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| Issue: | Elks medium-term notes
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| Underlying stock: | Home Depot, Inc.
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| Amount: | $72.1 million
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| Maturity: | June 30, 2006
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| Interest: | 6.75%
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| Price: | Par of $10
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| Payout at maturity: | Par in cash unless Home Depot stock trades below 82.5% of initial price, in which case 0.26151 shares of Home Depot stock
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| Pricing date: | June 24
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| Settlement date: | June 29
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| Underwriter: | Citigroup
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| Listing: | "EHD" on American Stock Exchange
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