By Susanna Moon
Chicago, Feb. 3 – Citigroup Inc. priced $371,000 of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due Aug. 5, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B5 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.75 times any fund gain, up to a maximum return of 38%.
Investors will receive par if the fund falls by up to 15% and will be exposed to any losses beyond 15%.
Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are the agents.
Issuer: | Citigroup Inc.
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Issue: | Market-linked notes – leveraged upside participation to a cap and fixed percentage buffered downside
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Underlying fund: | iShares MSCI EAFE ETF
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Amount: | $371,000
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Maturity: | Aug. 5, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.75 times any fund gain, capped at 38%; par if fund falls by up to 15%; exposure to losses beyond 15%
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Initial level: | $55.48
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Pricing date: | Jan. 29
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Settlement date: | Feb. 3
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 2.69%
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Cusip: | 17298C5S3
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