Chicago, Oct. 26 – Citigroup Global Markets Holdings Inc. priced $947,000 of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due March 2, 2026 linked a weighted ETF basket, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the SPDR Dow Jones Industrial Average ETF Trust with a 50% weight, the SPDR S&P MidCap 400 ETF Trust with a 30% weight and the iShares Russell 2000 ETF with a 20% weight.
The payout at maturity will be par plus 1.1 times any gain in the basket, capped at a maximum return of par plus 38%.
If the basket falls by up to 10%, the payout will be par.
Investors will lose 1% for every 1% decline of the basket beyond the 10% buffer.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the lead agent and Wells Fargo Securities LLC is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside
|
| Underlying basket: | SPDR Dow Jones Industrial Average ETF Trust (50% weight), SPDR S&P MidCap 400 ETF Trust (30% weight), iShares Russell 2000 ETF (20% weight)
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| Amount: | $947,000
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| Maturity: | March 2, 2026
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| Coupon: | 0%
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| Price: | Par
|
| Payout at maturity: | Par plus 1.1 times any basket gain, capped at par plus 38%; if basket falls by up to 10%, par; otherwise, 1% loss for every 1% decline of basket beyond 10% buffer
|
| Initial levels: | $340.54 for Dow ETF Trust, $485.67 for MidCap 400 Trust, $202.50 for iShares
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| Buffer level: | 90% of initial level
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| Pricing date: | Feb. 25
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| Settlement date: | March 2
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| Agents: | Citigroup Global Markets Inc. and Wells Fargo Securities LLC as agent
|
| Fees: | 4.03%
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| Cusip: | 17330ADY5
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