By Emma Trincal
New York, March 2 – Citigroup Global Markets Holdings Inc. priced $292,000 of 0% market-linked notes due Aug. 29, 2025 based on an equally weighted basket of the S&P 500 index and the iStoxx Europe Economic Growth Select 50 index.
The payout at maturity will be par plus the average basket return. If the average basket return is zero or negative, investors will receive par.
The average basket return is the average of the interim basket returns on each of the quarterly valuation dates beginning on May 26. For each valuation date, the interim basket return is measured from the initial basket level to the closing basket level on that valuation date.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Market-linked notes
|
| Underlying basket: | S&P 500 index and iStoxx Europe Economic Growth Select 50 index, equally weighted
|
| Amount: | $292,000
|
| Maturity: | Aug. 29, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the average basket return; if the average basket return is zero or negative, par
|
| Average basket return: | Average of the interim basket returns on each of the quarterly valuation dates beginning on May 26; for each valuation date, the interim basket return is measured from the initial basket level to the closing basket level on that valuation date
|
| Initial index levels: | 3,116.39 for S&P, 99.48 for iStoxx Europe
|
| Pricing date: | Feb. 26
|
| Settlement date: | March 2
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 3%
|
| Cusip: | 17327TA55
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
