By Wendy Van Sickle
Columbus, Ohio, Nov. 15 – Citigroup Global Markets Holdings Inc. priced $1.01 million of 0% index-linked notes due May 30, 2023 linked to the S&P 500 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, up to a maximum settlement amount of $1,213 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.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | S&P 500 Index
|
| Amount: | $1,009,000
|
| Maturity: | May 30, 2023
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain, capped at par plus 21.3%; full exposure to any losses
|
| Initial index level: | 4,387.16
|
| Pricing date: | Aug. 2
|
| Settlement date: | Aug. 9
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 0%
|
| Cusip: | 17329QAH3
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
