By Wendy Van Sickle
Columbus, Ohio, June 25 – Citigroup Global Markets Holdings Inc. priced $72.45 million of 0% equity-linked notes due June 30, 2027 linked to the common stock of Kraft Heinz Co., according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup, Inc.
The payout at maturity will be the greater of par and par multiplied by (a) the final share price divided by (b) the threshold price, which is 131.2% of the initial price.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Equity-linked notes
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| Underlying stock: | Kraft Heinz Co.
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| Amount: | $72.45 million
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| Maturity: | June 30, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Greater of par and par multiplied by (a) the final share price divided by (b) the threshold price
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| Initial share price: | $32.574
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| Threshold price: | $42.7371, 131.2% of initial share price
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| Pricing date: | June 23
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| Settlement date: | June 30
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | None
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| Cusip: | 17328VYC8
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