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Prospect News home > News index > List of issuers C > Headlines for Citigroup Inc. > News item
Published on 8/18/2015 in the Prospect News Structured Products Daily.

Citigroup plans capped return enhanced notes linked to dollar vs. won

By Susanna Moon

Chicago, Aug. 18 – Citigroup Inc. plans to price 0% capped return enhanced notes due Aug. 28, 2017 linked to the dollar relative to the South Korean won, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 250% of any gain in the currency, up to a maximum return of 18.75%.

Investors will be exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Aug. 21.

The Cusip number is 17298CDT2.


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