By William Gullotti
Buffalo, N.Y., Jan. 24 – Citigroup Global Markets Holdings Inc. priced $1.33 million of 0% autocallable market-linked notes due Dec. 30, 2027 linked to the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The notes will be automatically called at par plus an annualized 6.5% call premium if each index closes at or above its initial level on any quarterly valuation date after one year.
If the notes have not been called and each index finishes flat or gains, the payout at maturity will be par plus 32.5%.
Otherwise, investors will receive par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Autocallable market-linked notes
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| Underlying indexes: | Nasdaq-100 index, Russell 2000 index
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| Amount: | $1.33 million
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| Maturity: | Dec. 30, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If each index finishes at or above initial level, par plus 32.5%; otherwise, par
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| Call: | Automatically at par plus an annualized 6.5% call premium if each index closes at or above its initial level on any quarterly valuation date after one year
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| Initial levels: | 1,722.021 for Russell, 10,679.34 for Nasdaq
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| Pricing date: | Dec. 28
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| Settlement date: | Dec. 30
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| Underwriter: | Citigroup Global Markets Inc.
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| Fees: | 3.75%
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| Cusip: | 17331C4F1
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