By Wendy Van Sickle
Columbus, Ohio, June 18 – Citigroup Global Markets Holdings Inc. priced $12.24 million of 0% index-linked notes due July 19, 2021 linked to the Russell 2000 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 150% of any index gain, up to a maximum settlement amount of $1,272.25 per $1,000 of notes.
Investors will be fully exposed to any index decline.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | Russell 2000
|
| Amount: | $12,242,000
|
| Maturity: | July 19, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any index gain, capped at par plus 27.225%; full exposure to any index decline
|
| Initial index level: | 1,385.833
|
| Pricing date: | June 15
|
| Settlement date: | June 22
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 0.95%
|
| Cusip: | 17328VK25
|
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