Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for MSCI EAFE index > News item |
Citigroup plans to price buffered digital notes linked to MSCI EAFE
By Angela McDaniels
Tacoma, Wash., May 14 – Citigroup Global Markets Holdings Inc. plans to price 20- to 23-month 0% buffered digital notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Citigroup Inc.
If the index return is greater than or equal to negative 12.5%, the payout at maturity will be the threshold settlement amount, which is expected to be $1,103.10 to $1,121.00 per $1,000 stated principal amount and will be set at pricing.
If the index return is less than negative 12.5%, investors will lose 1.1429% for every 1% that the index declines beyond 12.5%.
Citigroup Global Markets Inc. is the underwriter.
The Cusip number is 17326YWA0.
© 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.