China Gas (TG:EBZ)
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American Stock Exchange Lists ELKS Linked to Five Common Stocks
NEW YORK, Nov. 24 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today began trading Citigroup Global Markets 11% Equity Linked Securities (ELKS)
linked to a basket of five common stocks [Cisco Systems Inc., Kohl's
Corporation, Merck & Co., Inc., The Coca-Cola Company and Wells Fargo & Co.],
under the ticker symbol EBZ. 3.75 million shares of the new one-year securities
were issued at $10 each with a maturity date of November 29, 2004.
The security will bear an annual coupon of 11% based on the initial offering
price of $10. The coupon will be payable on May 26, 2004 and November 29, 2004.
The ELKS are not subject to redemption by any holder prior to maturity. The
value of the ELKS at maturity will be based on the performance of the underlying
securities. The maturity payment for each ELKS will equal either:
-- A fixed number of shares of one of the stock, in the underlying basket
or;
-- $10 in cash.
The securities are issued by Citigroup Global Markets. The Amex specialist unit
is AGS/STR/OTA.
If you would like to receive a copy of the prospectus for EBZ, 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 American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/