Published on 4/8/2019 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $3 million notes linked to Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, April 8 – Citigroup Global Markets Holdings Inc. priced $3 million of 0% market-linked notes due March 30, 2022 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 positive, the payout at maturity will be par plus the greater of the index return and the 19% fixed return. If the index falls by up to 30%, the payout will be par. Otherwise, investors will receive the minimum payment of 90% of par.
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: | Market-linked notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $3 million
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| Maturity: | March 30, 2022
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus greater of index return and 19%; if index falls by up to 30%, par; otherwise, 90% of par
|
| Initial index level: | 3,300.48
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| Barrier level: | 2,310.336, 70% 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: | 1.4%
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| Cusip: | 17326YGW0
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