Citigroup plans 13-month jump securities linked to Yahoo! stock

By Susanna Moon

Chicago, March 9 - Citigroup Funding Inc. plans to price 0% jump securities due April 26, 2012 linked to Yahoo! Inc. shares, according to an FWP filing with the Securities and Exchange Commission.

If the final share price is greater than the initial price, the payout at maturity will be par of $10 plus 18% to 22%. The exact upside payment will be set at pricing.

Investors will be exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price on March 15 and settle three business days later.

The Cusip is 17316G230.

© 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.