By Susanna Moon
Chicago, March 16 – Citigroup Global Markets Holdings Inc. priced 1.62 million of 0% market-linked notes due March 4, 2021 linked to an equally weighted basket of three indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The basket consists of the S&P 500 index, the Nikkei 225 index and the Euro Stoxx 50 index.
The payout at maturity will be par plus any basket gain, up to a maximum return of 55%.
If the basket falls, the payout will be 93% of 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 basket: | S&P 500 index, Nikkei 225 index and Euro Stoxx 50 index, equally weighted
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Amount: | $1.62 million
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Maturity: | March 4, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any basket gain, capped at 55%; 93% of par if basket declines
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Initial levels: | 22,068.24 for Nikkei, 2,713.83 for S&P and 3,438.96 for Stoxx
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Pricing date: | Feb. 28
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Settlement date: | March 5
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 1.5%
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Cusip: | 17324CRZ1
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