By Marisa Wong
Morgantown, W.Va., May 18 – Citigroup Global Markets Holdings Inc. priced $10.53 million of 0% Performance Leveraged Upside Securities due Sept. 6, 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 25.25%.
Investors will be fully exposed to any decline in the index.
Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Smith Barney LLC handling distribution.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $10,534,820
|
| Maturity: | Sept. 6, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain, return capped at 25.25%; full exposure to losses
|
| Initial level: | 3,637.52
|
| Pricing date: | May 12
|
| Settlement date: | May 17
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Distribution: | Morgan Stanley Wealth Management
|
| Fees: | 2.25%
|
| Cusip: | 17325E853
|
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