Published on 2/28/2018 in the Prospect News Structured Products Daily.
New Issue: Citigroup sells $5.13 million market-linked notes on iStoxx Europe Economic Growth
By Marisa Wong
Morgantown, W.Va., Feb. 28 – Citigroup Global Markets Holdings Inc. priced $5.13 million of 0% market-linked notes due Feb. 25, 2021 linked to the iStoxx Europe Economic Growth Select 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par plus 116% of any index gain. If the index falls, the payout will be 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: | Market-linked notes
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Underlying index: | iStoxx Europe Economic Growth Select 50 index
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Amount: | $5,125,000
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Maturity: | Feb. 25, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.16 times any index gain; if index falls, par
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Initial level: | 103.07
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Pricing date: | Feb. 21
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Settlement date: | Feb. 26
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 1.75%
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Cusip: | 17324CRW8
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