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Salomon Smith Barney TARGETS XV 10% IBM Corp. due 5/15/2005
Ticker Symbol: TBM* CUSIP: 87614B100 Exchange: AMEX
* NOTE: This security is no longer trading as of 5/15/2005
QUANTUMONLINE.COM SECURITY DESCRIPTION: Salomon Smith Barney, now Citigroup Global Markets, TARGETS Trust XV, Targeted Growth Enhanced Terms Securities (TARGETS) due 5/15/2005, with the maturity payment based on International Business Machines Corp. (NYSE : IBM) common stock. The TARGETS will pay cash distributions of $.25 quarterly (10%) on 2/15, 5/15, 8/15 & 11/15. At the maturity date of 5/15/2005 the holder will receive the maturity payment which will consist of the $10 principal amount and the stock return payment based on the maket price of IBM Corp., which may be positive, zero or negative. The returns from the growth potential are capped at 5% for each month and subject to automatic resets. See the IPO Prospectus for further information on the stock return payment and the TARGETS by clicking on the ‘Link to IPO Prospectus’ provided below. Citigroup Global Markets Holdings Inc., formerly Salomon Smith Barney, is a member of Citigroup (NYSE: C).
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Go to Parent Company's Record (IBM)
IPO - 5/28/2002 - 5.60 Million Units @ $10.00/unit.
Link to IPO Prospectus
Market Value $56.0 Million
Company's Online Information Links
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Company's Online SEC EDGAR Filings |
Address and Phone Numbers |
Address: 388 Greenwich Street, New York, NY 10013 |
Main Phone Number |
212-816-6000 |
Fax Number |
212-816-8915 |
Investor Contact
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888-777-0102
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Toll Free Phone Number |
888-777-0102 |
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