American Stock Exchange Lists 8% ELKS Based on Texas Instruments, Inc. Common Stock
02 February 2005 - 5:12AM
PR Newswire (US)
American Stock Exchange Lists 8% ELKS Based on Texas Instruments,
Inc. Common Stock NEW YORK, Feb. 1 /PRNewswire/ -- The American
Stock Exchange(R) (Amex(R)) today listed and began to trade
Citigroup Global Markets's 8% Equity Linked Term Notes (ELKS) based
on Texas Instruments, Inc.'s common stock. These notes, which trade
as an equity under the symbol ETI, are priced at $10 each on an
initial offer size of 6.52 million units. They expire on February
6, 2006. Citigroup ELKS are equity-linked securities that trade as
either a stock or a bond and pay a fixed interest rate over the
term of the note. At maturity, investors will receive either the
principal amount of their initial investment in cash or a fixed
number of shares of the underlying stock if that stock has traded
below a specified level during the term of the note. The notes are
issued by Citigroup Global Markets. The specialist in ETI is
AGS/STR/OTA. For more information or to obtain a prospectus, please
contact the Capital Markets Group at the American Stock Exchange,
(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 145
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: Dan Charnas of The American Stock Exchange,
+1-212-306-1654, Web site: http://www.amex.com/
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