By Angela McDaniels
Tacoma, Wash., Dec. 1 – Citigroup Global Markets Holdings Inc. priced $1.1 million of 0% buffer securities due Dec. 4, 2019 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 plus 200% of the index return, subject to a maximum return of 29%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Buffer securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $1.1 million
|
| Maturity: | Dec. 4, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is greater than initial index level, par plus 200% of index return, up to 29% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
|
| Initial index level: | 3,589.91
|
| Pricing date: | Nov. 29
|
| Settlement date: | Dec. 4
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 1.5%
|
| Cusip: | 17324CP59
|
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