By Marisa Wong
Morgantown, W.Va., April 6 – Citigroup Global Markets Holdings Inc. priced $1.06 million of 0% barrier digital plus securities due April 3, 2023 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 the greater of the index return and 62%.
If the final index level is less than the initial level but greater than or equal to the 60% barrier level, the payout will be par.
If the final index level is less than the 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.
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| Guarantor: | Citigroup Inc.
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| Issue: | Barrier digital plus securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $1.06 million
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| Maturity: | April 3, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the final index level is greater than or equal to initial level, par plus the greater of the index return and 62%; if index falls but finishes at or above barrier level, par; otherwise, 1% loss for each 1% decline from the initial level
|
| Initial level: | 3,316.95
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| Barrier level: | 1,990.170, 60% of initial level
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| Pricing date: | March 26
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| Settlement date: | March 29
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 3.5%
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| Cusip: | 17324CT63
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