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EKN Citigrp Glb Mkts 7% Nwmnt Ming

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Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Citigrp Glb Mkts 7% Nwmnt Ming AMEX:EKN AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

American Stock Exchange Lists ELKS Linked to Newmont Mining Corporation

26/03/2004 5:02pm

PR Newswire (US)


Citigrp Glb Mkts 7% Nwmnt Ming (AMEX:EKN)
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American Stock Exchange Lists ELKS Linked to Newmont Mining Corporation NEW YORK, March 26 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading Citigroup Global Markets 7% Equity Linked Securities (ELKS) linked to Newmont Mining Corporation, under the ticker symbol EKN. 8.5 million shares of the new one-year securities were issued at $10 each with a maturity date of March 31, 2005. The security will bear an annual coupon of 7 % based on the initial offering price of $10. The coupon will be payable September 30, 2004 and March 31, 2005. 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 security. The maturity payment for each ELKS will equal either: * A fixed number of shares of Newmont Mining Corporation common stock, or; * $10 in cash. The securities are issued by Citigroup Global Markets. The Amex specialist unit is Wolverine Trading LLP. If you would like to receive a copy of the prospectus for EKN, 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 138 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 Duffy of the American Stock Exchange, +1-212-306-1654, Web site: http://www.amex.com/

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