New Issue: Citigroup prices $190,000 buffer securities linked to Euro Stoxx 50

By Emma Trincal

New York, Dec. 7 – Citigroup Global Markets Holdings Inc. priced $190,000 of 0% buffer securities due Sept. 6, 2023 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.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 200% of the index return, capped at par plus 21.4%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Euro Stoxx 50 index
Amount:	$190,000
Maturity:	Sept. 6, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 21.4%; par if index declines by 10% or less; 1% loss for every 1% index decline beyond 10%
Initial level:	4,063.06
Buffer level:	3,656.754, 90% of initial level
Strike date:	Nov. 30
Pricing date:	Dec. 1
Settlement date:	Dec. 8
Underwriter:	Citigroup Global Markets Inc.
Fees:	None
Cusip:	17329UNN7

© 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.