| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
Citigroup plans three-year capped trigger gears linked to Russell 2000
By Marisa Wong
Morgantown, W.Va., June 26 – Citigroup Global Markets Holdings Inc. plans to price 0% capped trigger gears due June 30, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Citigroup Inc.
If the index return is positive, the payout at maturity will be par plus 2 times the index return, subject to a maximum gain of 32.25% to 35.25%. If the index falls by up to 25%, the payout will be par. If the index falls by more than 25%, investors will lose 1% for every 1% decline below the initial level.
Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.
The notes will price on June 27.
The Cusip number is 17325K420.
© 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.