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 4/3/2013 in the Prospect News Structured Products Daily.

Citigroup plans 10-year trigger performance notes linked to Euro Stoxx

By Susanna Moon

Chicago, April 3 - Citigroup Inc. plans to price 0% trigger performance securities due April 28, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 3.41 times to 3.61 times any gain in the index.

Investors will receive par if the index falls by up to 50% and will be fully exposed to any losses if the index finishes below the 50% trigger level.

Citigroup Global Markets Inc. is the underwriter with UBS Financial Services Inc. handling distribution.

The notes will price on April 26.

The Cusip number is 173095712.


© 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.