By Susanna Moon
Chicago, Feb. 3 – Citigroup Inc. priced $371,000 of 0% market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside due Aug. 5, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B5 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.75 times any fund gain, up to a maximum return of 38%.
Investors will receive par if the fund falls by up to 15% and will be exposed to any losses beyond 15%.
Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are the agents.
| Issuer: | Citigroup Inc.
|
| Issue: | Market-linked notes – leveraged upside participation to a cap and fixed percentage buffered downside
|
| Underlying fund: | iShares MSCI EAFE ETF
|
| Amount: | $371,000
|
| Maturity: | Aug. 5, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.75 times any fund gain, capped at 38%; par if fund falls by up to 15%; exposure to losses beyond 15%
|
| Initial level: | $55.48
|
| Pricing date: | Jan. 29
|
| Settlement date: | Feb. 3
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 2.69%
|
| Cusip: | 17298C5S3
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
