International Finance S&P 500 Market Index Target-Term Securities (NYSE:IFK)
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American Stock Exchange Lists MITTS Linked to S&P 500 Index
NEW YORK, Dec. 3 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today
began trading International Finance Corporation Market Index Target-Term
Securities (MITTS) based upon the S&P 500 Index. The 2.2 million share issue is
listed under the ticker symbol IFK and will mature on December 8, 2010.
The securities do not pay interest. At maturity, holders will receive the
principal amount of $10 plus a supplemental redemption amount based on the
percentage return, if any, on the S&P 500 Index.
International Finance Corporation is the issuer and Merrill Lynch & Co. is the
underwriter for IFK. The Amex specialist unit for the new listing is
AGS/STR/OTA. IFK will be quoted and traded as an equity, issued in round lots
of 100.
If you would like to receive a copy of the prospectus for IFK, 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: American Stock Exchange
CONTACT: Lynn Teresky of the American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/