E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/18/2015 in the Prospect News Structured Products Daily.

Citigroup to price geared buffer securities linked to Euro Stoxx 50

By Susanna Moon

Chicago, Feb. 18 – Citigroup Inc. plans to price 0% geared buffer securities due March 7, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum return of 50% to 55%.

Investors will receive par if the index falls by up to 25% and will lose 1.3333% per 1% drop beyond 25%.

Citigroup Global Markets Inc. is the agent.

The notes will price on March 4.

The Cusip number is 1730T05C9.


© 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.