By William Gullotti
Buffalo, N.Y., March 21 – Citigroup Global Markets Holdings Inc. priced $5.09 million of 0% index-linked notes due March 1, 2024 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 index finishes flat or gains, the payout at maturity will be the greater of par plus the index return and par plus the 51.2% threshold settlement amount.
Investors will be fully exposed to any index decline.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $5,085,000
|
| Maturity: | March 1, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index finishes flat or gains, par plus the greater of the index return and the 51.2% threshold settlement amount; full exposure to decline
|
| Initial index level: | 3,889.69
|
| Pricing date: | March 16
|
| Settlement date: | March 23
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 2%
|
| Cusip: | 17330AT69
|
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