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 0.5% market-linked notes tied to fund, two indexes
By Tali Rackner
Norfolk, Va., Dec. 30 – Citigroup Global Markets Holdings Inc. plans to price 0.5% market-linked notes due July 28, 2022 linked to a basket of two indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Citigroup Inc.
Interest is payable semiannually.
The underlying components are the S&P 500 index, the Euro Stoxx 50 index and the iShares Core U.S. Aggregate Bond exchange-traded fund, about equally weighted.
The payout at maturity will be par plus 100% to 110% of any basket gain, with the exact participation rate to be set at pricing.
If the basket falls, the payout will be par.
Citigroup Global Markets Inc. is the underwriter.
The notes will price on Jan. 25.
The Cusip number is 17324CDP8.
© 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.