| 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 to price trigger jump securities tied to Stoxx 50
By Sarah Lizee
Olympia, Wash., Aug. 14 – Citigroup Global Markets Holdings Inc. plans to price 0% trigger jump securities due Sept. 3, 2021 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the index return is positive, the payout at maturity will be par plus the greater of the index return and 29.5%. The payout will be par if the index declines by 10% or less. If the index declines by more than 10%, investors will lose 1% for each 1% decline from the initial level.
Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Wealth Management as a dealer.
The notes will price on Aug. 30.
The Cusip number is 17327P443.
© 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.