New York, May 17 – Citigroup Global Markets Holdings Inc. priced $1.01 million of 0% autocallable securities due May 19, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The securities will be called automatically with a 10.3% annualized call premium if the index closes at or above its 90% call value on any annual review date.
If the index finishes at or above its call value, the payout at maturity will be par plus the premium for the final valuation date.
Investors will receive par if the index declines but ends at or above the 70% barrier and lose 1% for every 1% that the index declines if it finishes below its 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: | Autocallable securities
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| Underlying index: | Euro Stoxx 50 index
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| Amount: | $1.01 million
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| Maturity: | May 19, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above its call value, par plus premium for final valuation date; par if index declines but finishes at or above its 70% barrier; otherwise, 1% loss for every 1% that index declines from initial level
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| Call: | Automatically with a 10.3% annualized call premium if the index closes at or above its call value on any annual review date
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| Initial level: | 4,317.88
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| Call value: | 3,886.092, 90% of initial level
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| Final barrier: | 3,022.516, 70% of initial level
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| Pricing date: | May 12
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| Settlement date: | May 19
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 0%
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| Cusip: | 17331HGR1
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