Published on 3/27/2015 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $440,000 market-linked notes linked to Euro Stoxx 50
By Toni Weeks
San Luis Obispo, Calif., March 27 – Citigroup Inc. priced $440,000 of 0% market-linked notes due March 30, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is greater than zero, the payout at maturity will be par plus the return, subject to a maximum return of 90%. If the index return is less than or equal to zero, the payout will be par.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $440,000
|
| Maturity: | March 30, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus index return, return capped at 90%; otherwise, par
|
| Initial index level: | 3,684.04
|
| Pricing date: | March 25
|
| Settlement date: | March 30
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 3.5%
|
| Cusip: | 1730T05Y1
|
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