By Angela McDaniels
Tacoma, Wash., Jan. 30 – Citigroup Global Markets Holdings Inc. priced $2.25 million of 0% trigger digital securities due Dec. 31, 2018 linked to the iShares Russell 2000 exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the final share price is greater than or equal to the downside threshold, 70% of the initial share price, the payout at maturity will be par of $10 plus 11.4%. If the final share price is less than the downside threshold, investors will be fully exposed to the ETF’s decline.
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: | Trigger digital securities
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| Underlying ETF: | iShares Russell 2000
|
| Amount: | $2.25 million
|
| Maturity: | Dec. 31, 2018
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| Coupon: | 0%
|
| Price: | Par of $10.00
|
| Payout at maturity: | If final share price is greater than or equal to downside threshold, par plus 11.4%; otherwise, full exposure to ETF’s decline
|
| Initial share price: | $137.21
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| Downside threshold | $96.05, 70% of initial share price
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| Pricing date: | Jan. 25
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| Settlement date: | Jan. 30
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| Agents: | Citigroup Global Markets Inc. and UBS Financial Services Inc.
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| Fees: | 1%
|
| Cusip: | 17325E374
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