New York, March 14 – Citigroup Global Markets Holdings Inc. priced $1 million of 0% buffered notes due Feb. 4, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes positive, the payout at maturity will be par plus 1.251 times the index gain.
If the index finishes flat or declines by no more than 25%, the payout at maturity will be par. Otherwise, investors will lose 1.3333% for every 1% that index declines beyond 25%.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Buffered notes
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| Underlying index: | Euro Stoxx 50 index
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| Amount: | $1 million
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| Maturity: | Feb. 4, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes positive, par plus 1.251 times the index gain; if the index finishes flat or declines by no more than 25%, par; otherwise, lose 1.3333% for every 1% that index declines beyond 25%
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| Initial level: | 4,178.01
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| Buffer: | 25%
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| Buffer level: | 3,133.508, or 75% of initial level
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| Strike date: | Jan. 27
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| Pricing date: | Jan. 30
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| Settlement date: | Feb. 2
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 1.25%
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| Cusip: | 17331C5S2
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