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 aims to price market-linked notes tied to two indexes, fund
By Devika Patel
Knoxville, Tenn., Dec. 27 – Citigroup Global Markets Holdings Inc. plans to price market-linked notes due Jan. 30, 2023 linked to an unequally weighted basket containing 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.
The underlying components are the S&P 500 index, with a 25% weight, the Euro Stoxx 50 index, with a 25% weight, and the iShares iBoxx $ High Yield Corporate Bond exchange-traded fund, with a 50% weight.
The payout at maturity will be par plus 100% to 110% of any basket gain.
If the basket falls, the payout will be par.
Citigroup Global Markets Inc. is the agent.
. The notes (Cusip: 17324CQ90) are expected to price on Jan. 25 and settle three business days after pricing.
© 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.