US Wrap: Citi offers PCs and McDonald's

The equity-linked securities (Elks) last year and offer an 8-9% coupon. The downside stock barrier is set at 75%. The Intel-linked note, however, offers a higher coupon of 11-14% with a lower barrier of 65% before the investment converts to stock. The more favourable terms are likely due to the increased volatility of Intel stock compared to that of McDonald's, which has demonstrated a smoother performance over the past 12 months.

Issuer

Product type

Underlying

Pricing date

Maturity date

Citigroup

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here