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Published on 10/26/2004 in the Prospect News Convertibles Daily.

New Issue: Citigroup prices $11.5 million 8% Sequins linked to Apple

New York, Oct. 26 - Citigroup Global Markets Holdings Inc. priced $11.5 million 8% one-year Sequins (Select Equity Indexed Notes) based on Apple Computer Inc. common stock, according to a 424B2 document filed Wednesday with the Securities and Exchange Commission.

Issuer:Citigroup Global Markets Holdings Inc.
Issue:Sequins (Select Equity Indexed Notes)
Underlying stock:Apple Computer Inc.
Amount:$11.5 million
Maturity:Oct. 28, 2005
Interest:8%, payable quarterly
Price:Par of $10
Payout at maturity:0.21093 shares of Apple common stock
Exchange price:$47.41 (closing price of Apple stock on pricing date)
Call:April 28, 2005 onwards at price to give yield to call of 15%
Pricing date:Oct. 22
Settlement date:Oct. 27
Underwriter:Citigroup
Listing:"CZA" on American Stock Exchange

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