New York, Jan. 24 – Citigroup Global Markets Holdings Inc. priced $4.13 million of 0% buffer securities due Jan. 22, 2030 linked to the S&P 500 Futures Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains, the payout at maturity will be par plus 210% of the index return.
Investors will receive par if the index declines by no more than 20% and will lose 1% for every 1% that the index declines beyond 20%.
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: | Buffer securities
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Underlying index: | S&P 500 Futures Excess Return index
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Amount: | $4,128,000
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Maturity: | Jan. 22, 2030
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index gains, par plus 210% of index return; par if index declines by no more than 20%; otherwise, exposure to decline in index beyond buffer level
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Initial level: | 421.10
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Buffer: | 20%
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Buffer level: | 336.88, 80% of initial level
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Pricing date: | Jan. 16
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Settlement date: | Jan. 19
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Agent: | Citigroup Global Markets Inc.
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Fees: | 1%
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Cusip: | 17291TZQ4
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