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Published on 4/28/2004 in the Prospect News Convertibles Daily.

New Issue: Citigroup prices $38.5 million 7% Sequins linked to Hewlett-Packard

New York, April 28 - Citigroup Global Markets Holdings Inc. priced $38.5 million 6% one-year Sequins (Select Equity Indexed Notes) based on Hewlett-Packard Co. common stock, according to a 424B2 document filed Wednesday with the Securities and Exchange Commission.

Issuer:Citigroup Global Markets Holdings Inc.
Issue:Sequins (Select Equity Indexed Notes)
Underlying stock:Hewlett-Packard Co.
Amount:$38.5 million
Maturity:May 2, 2005
Interest:7%, payable quarterly
Price:Par of $10
Payout at maturity:0.46147 shares of Hewlett-Packard common stock
Exchange price:$21.67 (closing price of Hewlett-Packard stock on pricing date)
Call:Nov. 1, 2004 onwards at price to give yield to call of 12%
Pricing date:April 26
Settlement date:April 29
Underwriter:Citigroup
Listing:"CID" on American Stock Exchange

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