Published on 12/1/2022 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $250,000 market-linked notes linked to Citi Dynamic Asset
Chicago, Dec. 1 – Citigroup Global Markets Holdings Inc. priced $250,000 of 0% market-linked notes due March 23, 2026 linked to the Citi Dynamic Asset Selector 3.5 Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 380% of the index return. Otherwise, investors will receive par.
The notes are guaranteed by Citigroup Inc.
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: | Citi Dynamic Asset Selector 3.5 Excess Return index
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Amount: | $250,000
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Maturity: | March 23, 2026
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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 380% of index return; minimum payout of par
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Initial level: | 184.83
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Upside leverage: | 380%
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Cap: | None
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Strike date: | March 15
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Pricing date: | March 16
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Settlement date: | March 23
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Agent: | Citigroup Global Markets Inc.
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Fees: | 2%
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Cusip: | 17330AJU7
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