E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/8/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $3.74 million buffered digital notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Dec. 8 – Citigroup Global Markets Holdings Inc. priced $3.74 million of 0% buffered digital notes due July 15, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 82.5% of its initial level, the payout at maturity will be par plus 22.7%. Otherwise, investors will lose 1.2121% for every 1% the index declines beyond 17.5%.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Buffered digital notes
Underlying index:Euro Stoxx 50 index
Amount:$3,744,000
Maturity:July 15, 2024
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above 82.5% of initial level, par plus 22.7%; otherwise, 1.2121% loss for every 1% that index declines beyond 17.5%
Initial level:3,340.35
Buffer level:82.5% of initial level
Pricing date:Oct. 11
Settlement date:Oct. 18
Agent:Citigroup Global Markets Inc.
Fees:0%
Cusip:17330RY74

© 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.