Citigroup Global Markets Holdings (CGMHI), a wholly owned subsidiary of Citigroup, has launched a new C-Tracks exchange-traded note, the C-Tracks ETNs on the Miller/Howard MLP Fundamental Index, Series B, due 13 July 2026 (MLPE C-Tracks).
All payments due on the MLPE C-Tracks are guaranteed by Citigroup Inc.
The MLPE C-Tracks are listed on the NYSE Arca under the symbol MLPE and began trading on 9 August 2016.
The MLPE C-Tracks are linked to the Miller/Howard MLP Fundamental Index, which is the same index underlying Citigroup Inc’s previously issued and outstanding C-Tracks Exchange-Traded Notes based on the Performance of the Miller/Howard Fundamental Index Due 28 September 2023 (MLPC C-Tracks).
The MLPE C-Tracks have similar terms and are designed to provide similar economic exposure as the MLPC C-Tracks. However, the MLPE C-Tracks are not fungible with the MLPC C-Tracks and differ from the MLPC C-Tracks in a number of ways.