Published on 1/27/2017 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $437,000 market-linked notes tied to fund, two indexes
By Wendy Van Sickle
Columbus, Ohio, Jan. 27 – Citigroup Global Markets Holdings Inc. price $437,000 of 0% market-linked notes due Jan. 27, 2022 linked to a basket of two indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying components are the S&P 500 index (25% weight), the Euro Stoxx 50 index (25% weight) and the iShares Core U.S. Aggregate Bond exchange-traded fund (50% weight).
The payout at maturity will be par plus any basket gain.
If the basket falls, the payout will be par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Market-linked notes
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| Basket components: | S&P 500 index (25% weight), Euro Stoxx 50 index (25% weight) and iShares Core U.S. Aggregate Bond (50% weight)
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| Amount: | $437,000
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| Maturity: | Jan. 27, 2022
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| Coupon: | 0%
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| Price: | Par
|
| Payout at maturity: | If the basket return is positive, par plus any gain; otherwise, par
|
| Initial levels: | 2,280.07 for S&P, 3,281.53 for Stoxx and $108.21 for ETF
|
| Pricing date: | Jan. 24
|
| Settlement date: | Jan. 27
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 2.5%
|
| Cusip: | 17324CDQ6
|
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