Published on 8/16/2023 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $367,000 market-linked notes linked to Nasdaq
Chicago, Aug. 16 – Citigroup Global Markets Holdings Inc. priced $367,000 of 0% market-linked notes due July 23, 2025 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus the index return subject to a maximum return of par plus 21.2%. Otherwise, investors will receive par.
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: | Market-linked notes
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Underlying index: | Nasdaq-100 index
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Amount: | $367,000
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Maturity: | July 23, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus index return subject to a maximum return of par plus 21.2%; minimum payout of par
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Initial level: | 11,877.50
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Upside leverage: | 100%
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Cap: | 21.2%
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Pricing date: | July 18, 2022
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Settlement date: | July 21, 2022
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Agent: | Citigroup Global Markets Inc.
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Fees: | 0.95%
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Cusip: | 17330PNE5
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