Citigroup Gbl PP Nts (NYSE:PDY)
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American Stock Exchange Lists Notes Based on the S&P 500 Index
NEW YORK, April 27 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today began trading Citigroup Global Markets 1.5% Principal- Protected Equity
Linked Notes based upon the S&P 500 Index . Trading under the ticker symbol
PDY, 8.95 million shares of the new security were issued at $10 each with a
maturity date of October 29, 2009.
The security will bear interest at a rate of 1.5% per annum, paid in cash
semi-annually on the 29th of April and October commencing on October 29, 2004.
The notes are not subject to redemption at the option of the holder prior to
maturity.
At maturity, investors will receive payment equal to the sum of $10 and an
interest distribution amount based on the monthly returns of the S&P 500 Index.
The issuer is Citigroup Global Markets and the Amex specialist unit for the new
listing is Wolverine Trading LLP.
If you would like to receive a copy of the prospectus for PDY, 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: The American Stock Exchange
CONTACT: Lynn Duffy, American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/