New Issue: Citigroup prices $25.5 million 8% Sequins linked to Motorola

New York, July 28 - Citigroup Global Markets Holdings Inc. priced $25.5 million 8% one-year Sequins (Select Equity Indexed Notes) based on Motorola Inc. common stock, according to a 424B2 document filed Wednesday with the Securities and Exchange Commission.

Issuer:	Citigroup Global Markets Holdings Inc.
Issue:	Sequins (Select Equity Indexed Notes)
Underlying stock:	Motorola Inc.
Amount:	$25.5 million
Maturity:	Aug. 1, 2005
Interest:	8%, payable quarterly
Price:	Par of $10
Payout at maturity:	0.64851 shares of Motorola common stock
Exchange price:	$15.42 (closing price of Motorola stock on pricing date)
Call:	Jan. 31, 2005 onwards at price to give yield to call of 15%
Pricing date:	July 26
Settlement date:	July 29
Underwriter:	Citigroup
Listing:	"CYM" on American Stock Exchange

© 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.