By Kiku Steinfeld
Chicago, Nov. 22 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% upturn securities due March 26, 2026 linked to the Nasdaq-100 index and the iShares MSCI Emerging Market ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If each underlier finishes at or above its initial level, the payout at maturity will be par plus 187.35% of the laggard underlier’s return.
Investors will be fully exposed to the losses of the worst performer.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Upturn securities
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| Underlying assets: | Nasdaq-100 index and the iShares MSCI Emerging Market ETF
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| Amount: | $500,000
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| Maturity: | March 26, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 187.35% of the gain of the least performing underlier; full exposure to decline of worst performer from its initial level
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| Initial index levels: | $44.72 for ETF, 14,118.60 for index
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| Pricing date: | March 21
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| Settlement date: | March 24
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| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 0.25%
|
| Cusip: | 17330AZA3
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