By Kiku Steinfeld
Chicago, April 26 – Citigroup Global Markets Holdings Inc. priced $1.75 million of 0% autocallable securities due Oct. 3, 2023 linked to the MSCI World Dividend Growers Quality Select index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The notes will be automatically called at par plus 8% if the index closes at or above its initial level on Oct. 4, 2022.
At maturity, investors will receive par plus 125% of any index gain, par if the index falls by up to 20% and will lose 1% for each 1% decline of the index.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Autocallable securities
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| Underlying index: | MSCI World Dividend Growers Quality Select
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| Amount: | $1.75 million
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| Maturity: | Oct. 3, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 125% of any index gain; par if index falls by up to 20%; 1% loss for each 1% decline of the index
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| Call: | Automatically at par plus 8% if index closes at or above its initial level on Oct. 4, 2022
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| Initial level: | 2,500.58
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| Final barrier level: | 2,000.46; 80% of initial levels
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| Pricing date: | Sept. 28, 2021
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| Settlement date: | Oct. 1, 2021
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| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 1.5%
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| Cusip: | 17329QT83
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