Targets TR Xix (AMEX:TTE)
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American Stock Exchange Lists TARGETS Linked to Time Warner Inc.
NEW YORK, Dec. 17 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today began trading 8% Targeted Growth Enhanced Terms Securities (TARGETS) with
respect to the common stock of Time Warner Inc. The three-year, 9.3 million
share issue is listed under the ticker symbol TTE and will mature on November
15, 2006.
The securities, which have a face value of $10.00, offer a potential for growth
and income. At maturity, the issuer will pay the sum of the initial principal
amount of $10 per TARGETS and a stock return payment, which may be positive,
zero or negative.
The securities are issued by Salomon Smith Barney Holdings Inc. The Amex
specialist unit for the securities is Wolverine Trading L.P.
If you would like to receive a copy of the prospectus for TTE, please contact
the Capital Markets Group at the American Stock Exchange at (212) 306-1659.
The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 126 ETFs. The Amex is also one of
the largest options exchanges in the U.S., trading options on broad-based and
sector indexes as well as domestic and foreign stocks. For more information,
please visit http://www.amex.com/.
DATASOURCE: The American Stock Exchange
CONTACT: Lynn Teresky of the American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/