Published on 5/26/2005 in the Prospect News Convertibles Daily.
New Issue: Citigroup prices $38 million 7.25% Sequins linked to Altria
New York, May 26 - Citigroup Global Markets Holdings Inc. priced $38 million of one-year 7.25% Sequins linked to the common stock of Altria Group, Inc., according to a 424B2 document filed with the Securities and Exchange Commission.
Issuer: | Citigroup Global Markets Holdings Inc.
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Issue: | Sequins medium-term notes
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Underlying stock: | Altria Group, Inc.
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Amount: | $38 million
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Maturity: | June 1, 2006
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Interest: | 7.25%, payable quarterly
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Price: | Par of $10.00
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Payout at maturity: | 0.14706 shares of Altria common stock
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Call: | Nov. 28, 2005 onwards to give yield to call of 12%
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Pricing date: | May 24
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Settlement date: | May 27
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Underwriter: | Citigroup
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Listing: | "CGY" on American Stock Exchange
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