New York, May 10 – Citigroup Global Markets Holdings Inc. priced $5 million of 0% trigger jump securities due May 17, 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 index return is zero or positive, the payout at maturity will be par of $10 plus the fixed return amount of 12%. Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline from the initial level if the index declines by more than 15%.
Citigroup Global Markets Inc. is the agent with Morgan Stanley Wealth Management as a dealer.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Trigger jump securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $5 million
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| Maturity: | May 17, 2018
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | If index return is zero or positive, par plus 12%; par if index falls by up to 15%; 1% loss for each 1% decline from initial level if index falls by more than 15%
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| Initial index level: | 3,658.79
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| Trigger level: | 3,109.972, 85% of initial index level
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| Pricing date: | May 5
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| Settlement date: | May 10
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| Underwriter: | Citigroup Global Markets Inc. with Morgan Stanley Wealth Management as dealer
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| Fees: | 0.75%
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| Cusip: | 17325E671
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