Published on 8/24/2005 in the Prospect News Convertibles Daily.
New Issue: Citigroup prices $9.25 million 8.25% Elks exchangeable for Halliburton
By Jennifer Chiou
New York, Aug. 24 - Citigroup Funding Inc. priced $9.25 million of one-year 8.25% Elks linked to Halliburton Co. common stock, according to a 424B2 filing with the Securities and Exchange Commission.
| Issuer: | Citigroup Funding Inc.
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| Issue: | Elks medium-term notes
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| Underlying stock: | Halliburton Co.
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| Amount: | $9.25 million
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| Maturity: | Aug. 28, 2006
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| Interest: | 8.25%
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| Price: | Par of $10.00
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| Payout at maturity: | Par in cash unless Halliburton stock trades below 77.5% of the initial price, in which case 0.17553 shares of Halliburton stock
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| Pricing date: | Aug. 22
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| Settlement date: | Aug. 25
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| Listing: | "EZH" on American Stock Exchange
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| Underwriter: | Citigroup
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