By Marisa Wong
Morgantown, W.Va., Feb. 3 – Citigroup Global Markets Holdings Inc. priced $5.93 million of 0% notes due Aug. 6, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the index return is zero or positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum settlement amount of $1,180 per $1,000 principal amount. If the index return is negative, investors will have full exposure to the decline.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Notes
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| Underlying index: | S&P 500
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| Amount: | $5.93 million
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| Maturity: | Aug. 6, 2018
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| Coupon: | 0%
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| Price: | Par (98.67 for fee-based advisory accounts)
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| Payout at maturity: | If the index return is zero or positive, par plus 300% of the index return, capped at 18%; full exposure to any index decline
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| Initial index level: | 2,279.55
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| Pricing date: | Feb. 1
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| Settlement date: | Feb. 8
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 1.33%
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| Cusip: | 17324CEF9
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