By Marisa Wong
Morgantown, W.Va., Feb. 6 – Citigroup Global Markets Holdings Inc. priced $531,000 of 0.5% market-linked notes due July 28, 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 notes will be guaranteed by Citigroup Inc.
Interest is payable semiannually.
The underlying components are the S&P 500 index with a 33.34% weight and the Euro Stoxx 50 index and the iShares Core U.S. Aggregate Bond exchange-traded fund, each with a 33.33% weight.
The payout at maturity will be par plus 120% of 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.
|
| Issue: | Market-linked notes
|
| Underlying basket: | S&P 500 index with a 33.34% weight and Euro Stoxx 50 index and iShares Core U.S. Aggregate Bond ETF each with a 33.33% weight
|
| Amount: | $531,000
|
| Maturity: | July 28, 2022
|
| Coupon: | 0.5%, payable semiannually
|
| Price: | Par
|
| Payout at maturity: | Par plus 120% of any basket gain; if basket falls, par
|
| Initial levels: | 2,296.68 for S&P, 3,326.15 for Euro Stoxx, $107.92 for ETF
|
| Pricing date: | Jan. 25
|
| Settlement date: | Jan. 30
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 3%
|
| Cusip: | 17324CDP8
|
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