Published on 7/27/2005 in the Prospect News Convertibles Daily.
New Issue: Citigroup prices $29.5 million 7% Sequins linked to Texas Instruments
New York, July 27 - Citigroup Funding Inc. priced $29.5 million of one-year 7% Sequins linked to the common stock of Texas Instruments Inc., according to a 424B2 document filed with the Securities and Exchange Commission.
| Issuer: | Citigroup Funding Inc.
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| Issue: | Sequins medium-term notes
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| Underlying stock: | Texas Instruments Inc.
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| Amount: | $29.5 million
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| Maturity: | Aug. 11, 2006
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| Interest: | 7%, payable quarterly
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| Price: | Par of $10.00
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| Payout at maturity: | 0.32680 shares of Texas Instruments common stock
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| Call: | Jan. 30, 2006 onwards to give yield to call of 11.25%
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| Pricing date: | July 25
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| Settlement date: | July 28
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| Underwriter: | Citigroup
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| Listing: | "CXZ" on American Stock Exchange
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