| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers M > Headlines for MSCI Emerging Markets index > News item |
Citi to price buffer securities due 2020 linked to MSCI EM index
By Sarah Lizee
Olympia, Wash., April 15 – Citigroup Global Markets Holdings Inc. plans to price 0% buffer securities due Nov. 3, 2020 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Citigroup Inc.
If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 200% of the index return, capped at par plus 22%. Investors will receive par if the index declines by up to 10% and will lose 1% for every 1% that it might decline beyond 10%.
Citigroup Global Markets Inc. is the underwriter.
The notes will price April 30.
The Cusip number is 17326YNC6.
© 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.