Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers D > Headlines for Dow Jones Industrial Average > News item |
Citi plans to price market-linked notes due 2021 tied to Nasdaq, Dow
By Sarah Lizee
Olympia, Wash., Aug. 6 – Citigroup Global Markets Holdings Inc. plans to price 0% market-linked notes due Aug. 12, 2021 linked to the worst performing of the Nasdaq-100 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the final level of the worse performing index is greater than the initial level, the payout at maturity will be par plus the return of that index.
If the final level of the worse performing index is less than or equal to the initial level, the payout will be par plus the return of that index, subject to a minimum payout of 90% of par.
Citigroup Global Markets Inc. is the underwriter.
The notes will price on Aug. 7.
The Cusip number is 17327TUX2.
© 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.