E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/13/2018 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $2.6 million market-linked notes on three indexes

New York, March 13 – Citigroup Global Markets Holdings Inc. priced $2.6 million of 0% market-linked notes due March 11, 2021 linked to an equally weighted basket of three indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket consists of the Hang Seng China Enterprises index, the Euro Stoxx 50 index and the Nikkei 225 index.

The payout at maturity will be par plus any basket gain. If the basket falls, the payout will be 93% of par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Market-linked notes
Underlying basket:Hang Seng China Enterprises index, the Euro Stoxx 50 index and the Nikkei 225 index, equally weighted
Amount:$2.6 million
Maturity:March 11, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain; 93% of par if basket declines
Initial levels:12,334.83 for Hang Seng China Enterprises, 3,413.28 for Euro Stoxx, 21,368.07 for Nikkei
Pricing date:March 8
Settlement date:March 13
Underwriter:Citigroup Global Markets Inc.
Fees:1.5%
Cusip:17324CT30

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.