By Wendy Van Sickle
Columbus, Ohio, June 8 – Citigroup Global Markets Holdings Inc. priced $3.25 million of 0% barrier securities due May 19, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Citigroup Inc.
The payout at maturity will be par plus 300% of any index gain, subject to a maximum payout of par plus 97%.
If the index falls by up to 30%, the payout will be par. Otherwise, investors will be fully exposed to the decline of the index from its initial level.
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: | Barrier securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $3.25 million
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| Maturity: | May 19, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 3 times any index gain up to par plus 97%; par if the index falls by up to 30%; otherwise, full exposure to the decline of the index from its initial level
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| Initial level: | 4,017.44
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| Barrier level: | 2,812.208, 70% of initial level
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| Pricing date: | May 14
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| Settlement date: | May 19
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| Underwriter: | Citigroup Global Markets Inc.
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| Fees: | 3.25%
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| Cusip: | 17329FMF8
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