By Wendy Van Sickle
Columbus, Ohio, March 17 –Citigroup Global Markets Holdings Inc. priced $7.91 million of 0% Performance Leveraged Upside Securities due July 5, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 31.3%.
Investors will be fully exposed to any index decline.
Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Wealth Management handling distribution.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $7,909,060
|
| Maturity: | July 5, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any fund gain, return capped at 31.3%; full exposure to any fund decline
|
| Initial level: | 3,409.32
|
| Pricing date: | March 15
|
| Settlement date: | March 20
|
| Agent: | Citigroup Global Markets Inc. is the underwriter with distribution through Morgan Stanley Wealth Management
|
| Fees: | 2.25%
|
| Cusip: | 17325E648
|
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