Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Citigroup plans to price buffer securities linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Sept. 4 – Citigroup Inc. plans to price 0% buffer securities due Sept. 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus the index return. Investors will receive par if the index falls by 20% or less and will lose 1% for every 1% that it declines beyond 20%.
Citigroup Global Markets Inc. is the underwriter.
The notes are expected to price Sept. 25.
The Cusip number is 17298C2A5.
© 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.