Chicago, May 12 – Citigroup Global Markets Holdings Inc. priced $681,000 of 0% dual directional barrier securities due June 23, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains the payout will be par plus 167% of the index return.
The payout will be par plus the absolute value of the index return if the index declines but ends above the 60% final barrier.
Investors will lose 1% for every 1% that the index declines if it finishes below the final barrier.
The securities are non-callable.
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: | Dual directional barrier securities
|
| Underlying index: | Euro Stoxx 50 index
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| Amount: | $681,000
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| Maturity: | June 23, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains par plus 167% of index return; par plus absolute value of index return if index declines but ends above final barrier; 1% loss for every 1% that index declines if it ends below final barrier
|
| Upside leverage: | 167%
|
| Cap: | None
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| Initial level: | 3,438.46
|
| Final barrier: | 2,063.076, 60% of initial level
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| Call: | Non-callable
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| Pricing date: | June 17, 2022
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| Settlement date: | June 23, 2022
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 0%
|
| Cusip: | 17330P4E6
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