These securities are being offered pursuant to an effective shelfregistration statement previously filed with the Securities and Exchange Commission, and a preliminary prospectus supplement and accompanying prospectus describing the terms of the offering have been filed with the Securities and Exchange Commission.
The offering, which will be underwritten by Citigroup, is expected to occur on March 19, according to a press release issued by E-Trade, and had been in the works for quite some time: a shelfregistration to the offering had been filed with the SEC last May.