By Wendy Van Sickle
Columbus, Ohio, Sept. 21 – Citigroup Global Markets Holdings Inc. priced $1.82 million of 0% market-linked securities – leveraged upside participation and fixed-percentage buffered downside due July 6, 2027 linked to the Euro Stoxx 50 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 145% of any gain in the index.
If the index falls but not beyond 20%, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline beyond 20%.
Citigroup Global Markets Inc.is the underwriter and Wells Fargo Securities, LLC is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Market-linked securities – leveraged upside participation and fixed-percentage buffered downside
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| Underlying index: | Euro Stoxx 50
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| Amount: | $1.82 million
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| Maturity: | July 6, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 145% of any gain index; par if index falls by up to 20%; otherwise, 1% loss for every 1% decline beyond 20%
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| Initial level: | 4,064.3
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| Barrier level: | 3,251.44, 80% of initial level
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| Pricing date: | June 30
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| Settlement date: | July 6
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| Underwriter: | Citigroup Global Markets Inc. with Wells Fargo Securities, LLC as agent
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| Fees: | 4.52%
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| Cusip: | 17329FM50
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