By Wendy Van Sickle
Columbus, Ohio, April 8 – Citigroup Global Markets Holdings Inc. priced $335,000 of 0% buffered ETF-linked notes due April 30, 2021 tied to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the ETF finishes above its initial level, the payout at maturity will be par plus 1.6 times the gain, capped at $1,421.28 for each $1,000 face amount of your notes.
If the ETF finishes flat or falls by up to 20%, investors will receive par. Otherwise, investors will lose 1% for every 1.25% decline beyond 20%.
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: | Buffered ETF-linked notes
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| Underlying ETF: | iShares MSCI Emerging Markets
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| Amount: | $335,000
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| Maturity: | April 30, 2021
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.6 times the gain, capped at $1,421.28 for each $1,000 face amount of your notes; par if ETF finishes flat or falls by up to 20%; otherwise, 1.25% loss for every 1% decline beyond 20%
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| Initial ETF level: | $33.35
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| Buffer level: | 80% of initial level
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| Pricing date: | March 27
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| Settlement date: | April 3
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 0%
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| Cusip: | 17328VGT1
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