By Marisa Wong
Morgantown, W.Va., March 29 – Citigroup Global Markets Holdings Inc. priced $3.15 million of 0% buffered digital securities due June 25, 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 return is at least negative 15%, the payout at maturity will be the threshold settlement amount of $1,076 per $1,000 principal amount.
Otherwise, investors will lose 1.1765% for every 1% decline beyond 15%.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Buffered digital securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $3.15 million
|
| Maturity: | June 25, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is at least negative 15%, $1,076 per $1,000 principal amount; otherwise, 1.1765% loss for every 1% decline beyond 15%
|
| Initial index level: | 3,437.48
|
| Pricing date: | March 20
|
| Settlement date: | March 27
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 1.09%
|
| Cusip: | 17324CGH3
|
|
|
© 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.
