Citigroup Inc (C): Each Equity Unit will pay a fixed annua...

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BullNBear52

Re: LexL post# 118

Tuesday, 11/27/2007 5:17:13 AM

Tuesday, November 27, 2007 5:17:13 AM

Each Equity Unit will pay a fixed annual payment rate of 11%, payable quarterly. The payment rate reflects market terms based on the conversion premium as well as Citi’s current dividend yield.

For those who understand no explanation is needed, ...For those who don't none will.

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