By Marisa Wong
Madison, Wis., June 2 - Citigroup Inc. priced $4.69 million of 0.35% market-linked notes due Dec. 4, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable semiannually.
The average index return will be the average of the index returns on each quarterly valuation date during the life of the notes.
If the average index return is positive, the payout at maturity will be par plus 95% times the gain.
If the average index return is zero or negative, the payout will be par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $4,694,000
|
| Maturity: | Dec. 4, 2019
|
| Coupon: | 0.35%, payable semiannually
|
| Price: | Par
|
| Payout at maturity: | If average index return is positive, par plus 95% of return; if average index return is zero or negative, par
|
| Initial index level: | 3,244.66
|
| Average index return: | Average of index return percentages on each quarterly valuation date during life of notes
|
| Pricing date: | May 29
|
| Settlement date: | June 3
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 3%
|
| Cusip: | 1730T0P60
|
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