By Angela McDaniels
Tacoma, Wash., May 9 – Citigroup Global Markets Holdings Inc. priced $2.33 million of 0% market-linked notes due May 12, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The note 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 the greater of the index return and 19%.
If the final index level is less than the initial index level but greater than or equal to the barrier level, 70% of the initial index level, the payout will be par:
If the final index level is less than the barrier level, the payout will be $900 per $1,000 principal amount of notes.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $2,325,000
|
| Maturity: | May 12, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is greater than or equal to initial index level, par plus greater of index return and 19%; if final index level is less than initial index level but greater than or equal to barrier level, par; if final index level is less than barrier level, $900 per $1,000 principal amount of notes
|
| Initial level: | 3,401.16
|
| Barrier level: | 2,380.812, 70% of initial level
|
| Pricing date: | May 7
|
| Settlement date: | May 10
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 1.5%
|
| Cusip: | 17326YDF0
|
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