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Prospect News home > News index > List of issuers F > Headlines for Freeport-McMoRan Inc. > News item
Published on 9/9/2014 in the Prospect News Structured Products Daily.

Citigroup plans accelerated return notes linked to Freeport-McMoRan

By Susanna Moon

Chicago, Sept. 9 – Citigroup Inc. plans to price 0% accelerated return notes due Sept. 15, 2016 linked to Freeport-McMoRan Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 142% of any gain in the price of Freeport-McMoRan shares.

Investors will be exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on Sept. 11.

The Cusip number is 1730T0Y78.


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