By Marisa Wong
Los Angeles, May 11 – Citigroup Global Markets Holdings Inc. priced $1.95 million of 0% buffered notes due Feb. 28, 2022 linked to the MSCI EAFE 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 1.5 times any index gain, capped at par plus 20.295%.
Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% per 1% drop beyond 12.5%.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Buffered notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $1,953,000
|
| Maturity: | Feb. 28, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.5 times any index gain, capped at par plus 20.295%; par if the index falls by up to 12.5%; 1.1429 % loss per 1% drop beyond 12.5%
|
| Initial index level: | 1,664.94
|
| Pricing date: | April 29
|
| Settlement date: | May 6
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | None
|
| Cusip: | 17328VVP2
|
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