Published on 11/4/2016 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $620,000 notes linked to bond ETF, Dow, Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Nov. 4 – Citigroup Global Markets Holdings Inc. priced $620,000 of 0% market-linked notes due Nov. 2, 2021 linked to a basket consisting of the iShares Core U.S. Aggregate Bond ETF with a 50% weight, the Dow Jones industrial average with a 25% weight and the Euro Stoxx 50 index with a 25% weight, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the basket return is positive, the payout at maturity will be par plus the basket return. If the basket return is less than or equal to zero, the payout will be par.
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: | Market-linked notes
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Underlying basket: | iShares Core U.S. Aggregate Bond ETF (50% weight), Dow Jones industrial average (25% weight), Euro Stoxx 50 index (25% weight)
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Amount: | $620,000
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Maturity: | Nov. 2, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If basket return is positive, par plus basket return; if basket return is less than or equal to zero, par
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Initial levels: | 18,161.19 for Dow, 3,079.24 for Euro Stoxx 50 and $111.16 for ETF
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Pricing date: | Oct. 28
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Settlement date: | Nov. 2
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 2.5% Cusip: | 17324CBN5
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