By Wendy Van Sickle
Columbus, Ohio, Dec. 20 – Citigroup Global Markets Holdings Inc. priced $3.11 million of 0% capped airbag gears due Dec. 18, 2025 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index gain, subject to a maximum payout of par plus 29.6%.
Investors will receive par if the index falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.
Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Capped airbag gears
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| Underlying index: | MSCI EAFE index
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| Amount: | $3,105,000
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| Maturity: | Dec. 18, 2025
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 200% of any index gain, capped at par plus 29.6%; par if index falls by up to 15%; 1.1765% loss for each 1% decline beyond 15%
|
| Initial price: | 2,1692.98
|
| Downside threshold: | 1,729.19, 85% of initial level
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| Pricing date: | Dec. 15
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| Settlement date: | Dec. 20
|
| Agents: | Citigroup Global Markets Inc. and UBS Financial Services Inc.
|
| Fees: | None
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| Cusip: | 17331N293
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