Published on 1/13/2004 in the Prospect News Convertibles Daily.
New Issue: Citigroup prices $10.5 million 7.5% ELKS linked to Hewlett-Packard
New York, Jan. 13 - Citigroup Global Markets Holdings Inc. priced $10.5 million 7.5% Equity Linked Securities (ELKS) linked to Hewlett-Packard Co. common stock, according to a filing with the Securities and Exchange Commission.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Issue: | Equity Linked Securities (ELKS) medium-term notes
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| Underlying stock: | Hewlett-Packard Co.
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| Amount: | $10.5 million
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| Maturity: | Jan. 18, 2005
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| Interest: | 7.5%
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| Price: | Par
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| Payout at maturity: | 42.07 shares of Hewlett-Packard common stock if Hewlett-Packard stock trades at $17.83 or below, otherwise par in cash
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| Knock-in price: | $17.83, 75% of initial price
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| Pricing date: | Jan. 6
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| Settlement: | Jan. 15
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| Underwriter: | Citigroup
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| Listing: | "HPX.A" on American Stock Exchange
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