Published on 4/5/2004 in the Prospect News Convertibles Daily.
New Issue: Citigroup prices $10.12 million 7% ELKS linked to Newmont Mining
New York, April 5 - Citigroup Global Markets Holdings Inc. priced $10.12 million 7% one-year Equity Linked Securities (ELKS) linked to Newmont Mining Corp. common stock, according to a 424B3 filing with the Securities and Exchange Commission.
Issuer: | Citigroup Global Markets Holdings Inc.
|
Issue: | Equity Linked Securities (ELKS) medium-term notes
|
Underlying stock: | Newmont Mining Corp.
|
Amount: | $10.12 million
|
Maturity: | April 11, 2005
|
Interest: | 7%
|
Price: | Par
|
Payout at maturity: | 21.3092 shares of Newmont Mining common stock if Newmont Mining stock trades at any time at $35.196 or below, otherwise par in cash
|
Knock-in price: | $35.196, 75% of initial price
|
Pricing date: | April 1
|
Settlement date: | April 8
|
Underwriter: | Citigroup
|
Listing: | "NED.A" 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.