E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/8/2011 in the Prospect News Structured Products Daily.

Citigroup plans two-year PLUS linked to WisdomTree India Earnings

By Susanna Moon

Chicago, Feb. 8 - Citigroup Funding Inc. plans to price 0% Performance Leveraged Upside Securities due February 2013 based on the WisdomTree India Earnings Fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus five times any index gain, up to a maximum return of $12.88 to $13.08 per note. The exact cap will be set at pricing.

Investors will be exposed to any losses.

The notes (Cusip 17316G388) will price and settle in February.

Citigroup Global Markets Inc. is the underwriter.


© 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.