Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Citigroup plans to price market-linked notes tied to Euro Stoxx 50
By Tali Rackner
Norfolk, Va., July 2 – Citigroup Inc. plans to price 0% market-linked notes due August 2022 based on the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum return of 200%. The exact cap will be set at pricing.
Investors will receive par if the index declines.
Citigroup Global Markets Inc. is the underwriter.
The notes are expected to price July 28 and settle July 31.
The Cusip number is 17298CCR7.
© 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.