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 8/27/2014 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $8.26 million notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 27 – Citigroup Inc. priced $8.26 million of 0% market-linked notes due Aug. 30, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a maximum return of 67.37%. If the final index level is less than the initial index level, investors will be exposed to the decline, subject to a minimum payout of 95% of par.

Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.

Issuer:Citigroup Inc.
Issue:Market-linked notes
Underlying index:Euro Stoxx 50
Amount:$8.26 million
Maturity:Aug. 30, 2019
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial index level, par plus index return, subject to 67.37%maximum return; if final index level is less than initial index level, exposure to decline, subject to minimum payout of 95% of par
Initial index level:3,165.47
Pricing date:Aug. 25
Settlement date:Aug. 28
Agents:Citigroup Global Markets Inc. and UBS Financial Services Inc.
Fees:3.5%
Cusip:1730T0W70

© 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.