Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Citigroup Inc. > News item |
Citigroup to price trigger jump securities tied to Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, July 19 – Citigroup Global Markets Holdings Inc. plans to price 0% trigger jump securities due Aug. 4, 2021 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the index return is positive, the payout at maturity will be par of $10 plus the greater of the index return and 30%. The payout will be par if the index declines by 10% or less. If the index declines by more than 10%, investors will lose 1% for each 1% decline from the initial level.
Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Wealth Management as a dealer.
The notes will price on July 31.
The Cusip number is 17327P419.
© 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.