By Marisa Wong
Morgantown, W.Va., Oct. 11 – Citigroup Global Markets Holdings Inc. priced $2.59 million of 0% buffered Performance Leveraged Upside Securities due Jan. 3, 2019 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par of $10 plus 300% of any index gain, subject to a maximum payment of $11.14 per PLUS.
Investors will be fully exposed to any index decline.
Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Wealth Management as a dealer.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | S&P 500
|
| Amount: | $2,587,000
|
| Maturity: | Jan. 3, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 300% of any index gain, with payout capped at $11.14 per PLUS; full exposure to losses
|
| Initial level: | 2,519.36
|
| Pricing date: | Sept. 29
|
| Settlement date: | Oct. 4
|
| Agent: | Citigroup Global Markets Inc.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 2.25%
|
| Cusip: | 17325K677
|
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