| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers C > Headlines for Citigroup Funding Inc. > News item |
Citigroup plans Stock Market Upturn notes linked to S&P 500
By E. Janene Geiss
Philadelphia, Dec. 17 - Citigroup Funding Inc. plans to price 0% Stock Market Upturn Notes linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The notes will mature 15 months after the issue date, which will be in January.
The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum return that is expected to be 18% to 21% and will be determined at pricing. Investors will be fully exposed to any index decline.
The issuer has applied to list the notes on the American Stock Exchange under the symbol "SVE."
Citigroup Global Markets Inc. will be the underwriter.
© 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.