By Marisa Wong
Morgantown, W.Va., Oct. 12 – Citigroup Global Markets Holdings Inc. priced $11.57 million of 0% index-linked notes due Oct. 10, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par plus 300% times any index gain, up to a maximum return of 19.05%.
Investors will be fully exposed to any index decline.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $11,565,000
|
| Maturity: | Oct. 10, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% times any index gain, up to a maximum return of 19.05%; full exposure to any index decline
|
| Initial level: | 2,549.33
|
| Pricing date: | Oct. 6
|
| Settlement date: | Oct. 16
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 2%
|
| Cusip: | 17324CMX1
|
|
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