By Marisa Wong
Morgantown, W.Va., Dec. 18 – Citigroup Global Markets Holdings Inc. priced $5.1 million of 0% barrier digital securities due Dec. 19, 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 final index level is greater than or equal to the initial level, the payout at maturity will be par plus 12.4%.
If the index falls by up to 15%, the payout will be par.
If the index finishes below the 85% barrier level, investors will lose 1% for each 1% index decline from the initial level.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Barrier digital securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $5.1 million
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| Maturity: | Dec. 19, 2018
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| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | If the final index level is greater than or equal to the initial level, par plus 12.4%; if the index falls by up to 15%, par; if the index finishes below the barrier level, 1% loss for each 1% index decline from the initial level
|
| Initial level: | 3,591.45
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| Barrier level: | 3,052.733, 85% of initial level
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| Pricing date: | Dec. 8
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| Settlement date: | Dec. 13
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| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 0.3%
|
| Cusip: | 17324CPY6
|
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