By Marisa Wong
Morgantown, W.Va., Aug. 4 – Citigroup Global Markets Holdings Inc. priced $1.41 million of 0% enhanced buffered digital securities due July 30, 2020 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 finishes at or above 85% of its initial level, the payout at maturity will be par plus the fixed return of 17.5%.
Otherwise, investors will lose 1% for each 1% decline beyond 15%.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Enhanced buffered digital securities
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| Underlying index: | Euro Stoxx 50 index
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| Amount: | $1.41 million
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| Maturity: | July 30, 2020
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index finishes at or above 85% of its initial level, par plus the fixed return of 17.5%; otherwise, 1% loss for each 1% decline beyond 15%
|
| Initial level: | 3,491.19
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| Pricing date: | July 26
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| Settlement date: | July 31
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 2.75%
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| Cusip: | 17324CKQ8
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