New Issue: Citigroup sells $130,000 enhanced barrier digital plus notes on index basket

Chicago, May 19 – Citigroup Global Markets Holdings Inc. priced $130,000 of 0% enhanced barrier digital plus securities due Oct. 29, 2026 linked to the an equally weight basket comprised of the Euro Stoxx 50 index and the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final level of the basket is greater than the 80% final barrier level, the payout at maturity will be par plus the greater of the basket return and 19%.

If the basket falls by more than 20%, the payout will be par plus the return of the basket with full exposure to losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital plus securities
Underlying basket:	Euro Stoxx 50 index and Nikkei 225 index
Amount:	$130,000
Maturity:	Oct. 29, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of basket is greater than barrier level, par plus greater of basket return and 19%; if basket falls by more than barrier level, full exposure to losses of basket
Initial levels:	4,223.97 for Stoxx, 29,106.01 for Nikkei
Barrier level:	80% of initial level
Pricing date:	Oct. 26, 2021
Settlement date:	Oct. 29, 2021
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17329UFD8

© 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.