E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/20/2016 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.13 million PLUS due 2018 linked to Euro Stoxx 50

By Susanna Moon

Chicago, Sept. 20 – Citigroup Global Markets Holdings Inc. priced $1.13 million of 0% Performance Leveraged Upside Securities due Jan. 3, 2018 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 plus triple any index gain, up to a maximum return of 24.55%.

Investors will be exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$1,126,500
Maturity:Jan. 3, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at 24.55%; exposure to any losses
Initial level:2,935.25
Pricing date:Sept. 16
Settlement date:Sept. 21
Underwriter:Citigroup Global Markets Inc.
Selected dealer:Morgan Stanley Wealth Management
Fees:1.75%
Cusip:17324P503

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.