By Wendy Van Sickle
Columbus, Ohio, Oct. 26 – Citigroup Global Markets Holdings Inc. priced $10.45 million of 0% index-linked notes due Aug. 18, 2023 linked to the MSCI EAFE 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 200% of any index gain, up to a maximum settlement amount of $1,300 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.
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Guarantor: | Citigroup Inc.
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Issue: | Index-linked notes
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Underlying index: | MSCI EAFE Index
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Amount: | $10,449,000
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Maturity: | Aug. 18, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 200% of any index gain, capped at par plus 30%; full exposure to any losses
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Initial index level: | 2,329.83
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Pricing date: | Oct. 21
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Settlement date: | Oct. 28
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 1.33%
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Cusip: | 17329UEY3
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