By Marisa Wong
Morgantown, W.Va., Jan. 3 – Citigroup Global Markets Holdings Inc. priced $2.72 million of 0% capped gears due Feb. 28, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the index finishes above its initial level, the payout at maturity will be par plus triple the gain, up to a maximum gain of 22%.
Investors will be fully exposed to any index decline.
UBS Financial Services Inc. and Citigroup Global Markets Inc. are the agents.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Capped gears
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| Underlying index: | Euro Stoxx 50 index
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| Amount: | $2,717,800
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| Maturity: | Feb. 28, 2018
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index finishes above its initial level, the payout at maturity will be par plus triple the gain, up to a maximum gain of 22%; full exposure to any index decline
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| Initial level: | 3,278.72
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| Pricing date: | Dec. 28
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| Settlement date: | Dec. 30
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| Agents: | UBS Financial Services Inc. and Citigroup Global Markets Inc.
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| Fees: | 2%
|
| Cusip: | 17325E333
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