By Taylor Fox
New York, Feb. 1 – Citigroup Global Markets Holdings Inc. priced $789,750 of 0% Performance Leveraged Upside Securities due April 5, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Citigroup Inc.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of par plus 13.7%.
Investors will lose 1% for each 1% decline.
Citigroup Global Markets Inc. is the agent, with Morgan Stanley Wealth Management handling distribution.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $789,750
|
| Maturity: | April 5, 2022
|
| Coupon: | 0%
|
| Price: | Par of $10.00
|
| Payout at maturity: | If index return is positive, par plus 300% of index return up to maximum return of par plus 13.7%; 1% loss for every 1% that final index level is less than initial index level
|
| Initial level: | 3,571.59
|
| Pricing date: | Dec. 30
|
| Settlement date: | Jan. 5
|
| Agent: | Citigroup Global Markets Inc., with Morgan Stanley Wealth Management handling distribution
|
| Fees: | 2.25%
|
| Cusip: | 17328L870
|
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