By Taylor Fox
New York, Aug. 18 – Citigroup Global Markets Holdings Inc. priced $10.13 million of 0% buffered digital notes due April 21, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the underlier level is greater than or equal to 90% of the initial underlier level, the payout at maturity will be par plus 10%.
If the index falls by more than 10%, investors will lose 1.1111% for each 1% loss beyond the 10% buffer.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Buffered digital notes
|
| Underlying index: | Euro Stoxx 50
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| Amount: | $10,125,000
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| Maturity: | April 21, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the underlier level is greater than or equal to 90% of the initial underlier level, the payout at maturity will be par plus 10%; if the index falls by more than 10%, investors will lose 1.1111% for each 1% loss beyond the 10% buffer
|
| Initial level: | 3,342.85
|
| Buffer level: | 90% of initial level
|
| Pricing date: | Aug. 13
|
| Settlement date: | Aug. 20
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 1.44%
|
| Cusip: | 17328WA57
|
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