New Issue: Citigroup sells $1.49 million barrier digital notes on Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., Oct. 30 – Citigroup Global Markets Holdings Inc. priced $1.49 million of 0% barrier digital securities due Nov. 7, 2024 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 index level, the payout at maturity will be par plus 99%. Investors will receive par if the index falls by up to 40% and will lose 1% for each 1% decline from its initial level if it declines by more than 40%.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier digital securities
Underlying index:	Euro Stoxx 50
Amount:	$1,491,000
Maturity:	Nov. 7, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater than or equal to the initial index level, par plus 99%; par if the index falls by up to 40%; 1% loss for each 1% decline from index’s initial level if it declines by more than 40%
Initial level:	3,154.93
Barrier level:	1,892.958, 60% of initial level
Pricing date:	Oct. 29
Settlement date:	Oct. 31
Agent:	Citigroup Global Markets Inc.
Fees:	3.5%
Cusip:	17326YUN4

© 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.