Published on 9/26/2014 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $6.64 million market-linked notes tied to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Sept. 26 – Citigroup Inc. priced $6.64 million of 0% market-linked notes due Sept. 30, 2019 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 plus the index return, subject to a minimum payout of $950 and a maximum payout of $1,610 per $1,000 principal amount of notes.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $6,639,000
|
| Maturity: | Sept. 30, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus index return, subject to maximum return of 61% and maximum loss of 5%
|
| Initial index level: | 3,244.01
|
| Pricing date: | Sept. 24
|
| Settlement date: | Sept. 29
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 3.5%
|
| Cusip: | 1730T0Y94
|
© 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.
