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 buffer securities due 2020 linked to Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., Oct. 8 – Citigroup Global Markets Holdings Inc. plans to price 0% buffer securities due Nov. 9, 2020 linked to the Euro Stoxx 50 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 positive, the payout at maturity will be par plus 185% to 195% of the index return.
Investors will receive par if the index falls by up to the buffer amount of 15% and will lose 1% for every 1% that the index declines beyond the buffer.
Citigroup Global Markets Inc. is the agent.
The notes (Cusip: 17326YUA2) will price on Oct. 31.
© 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.