New York, Nov. 9 – Citigroup Global Markets Holdings Inc. priced $1.59 million of 0% barrier securities due Oct. 30, 2025 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains, the payout at maturity will be par plus 157.5% of the index return.
Investors will receive par if the index declines but ends at or above the 75% barrier and will lose 1% for every 1% that the index declines if it finishes below the barrier.
The notes are guaranteed by Citigroup Inc.
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: | Barrier securities
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Underlying index: | Stoxx Europe 600 index
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Amount: | $1.59 million
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Maturity: | Oct. 30, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index gains, par plus 157.5% of index return; par if index declines but finishes at or above the 75% barrier; otherwise, full exposure to decline in index from initial level
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Initial level: | 410.31
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Final barrier: | 307.733, 75% of initial level
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Pricing date: | Oct. 26
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Settlement date: | Oct. 31
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Agent: | Citigroup Global Markets Inc.
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Fees: | 0.75%
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Cusip: | 17330Y7A2
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