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 6/15/2017 in the Prospect News Structured Products Daily.

Citigroup plans 15-month PLUS linked to iShares MSCI Emerging Markets

By Marisa Wong

Morgantown, W.Va., June 15 – Citigroup Global Markets Holdings Inc. plans to price 0% Performance Leveraged Upside Securities due Oct. 3, 2018 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The securities will be guaranteed by Citigroup Inc.

If the fund finishes above its initial level, the payout at maturity will be par of $10 plus 300% of the gain, up to a maximum return of 17.35%.

Investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the agent with Morgan Stanley Wealth Management as a dealer.

The notes will price on June 16.

The Cusip number is 17325K727.


© 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.