By Wendy Van Sickle
Columbus, Ohio, Jan. 14 – Citigroup Global Markets Holdings Inc. priced $1.23 million of 0% barrier securities due Jan. 15, 2026 linked to a weighted basket, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the iShares MSCI EAFE ETF with a 30% weight and the S&P 500 index with a 70% weight.
The notes are guaranteed by Citigroup Inc.
If the final level of the basket is positive, the payout at maturity will be par plus 102% of the return of the basket.
The payout will be par if the final level of the basket is less than its initial level but greater than or equal to the barrier level, 70% of the initial level.
If the basket finishes below the barrier level, investors will be fully exposed to the decline of basket return.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Barrier securities
|
| Underlying assets: | iShares MSCI EAFE index (30% weight) and S&P 500 index (70% weight)
|
| Amount: | $1,225,000
|
| Maturity: | Jan. 15, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If basket return is positive, par plus 102% of basket return; par if final level of basket is less than initial level but greater than or equal to barrier level; full exposure to decline if basket finishes below barrier level
|
| Initial levels: | 3,801.19 for S&P, $75.08 for MSCI EAFE ETF
|
| Final barrier level: | 70% of initial levels
|
| Pricing date: | Jan. 12
|
| Settlement date: | Jan. 15
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 1.125%
|
| Cusip: | 17328YDG6
|
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