By Sarah Lizee
Olympia, Wash., July 6 – Citigroup Global Markets Holdings Inc. priced $1.67 million of 0% Performance Leveraged Upside Securities due Oct. 3, 2019 linked to the SPDR S&P Oil & Gas Exploration & Production ETF, according to a 424B2 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any fund gain, up to a maximum return of 27.75%.
Investors will be exposed to any losses.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying fund: | SPDR S&P Oil & Gas Exploration & Production
|
| Amount: | $1,668,000
|
| Maturity: | Oct. 3, 2019
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus triple any fund gain, up to a maximum return of 27.75%; full exposure to any losses
|
| Initial level: | $43.06
|
| Pricing date: | June 29
|
| Settlement date: | July 5
|
| Agent: | Citigroup Global Markets Inc.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 2.25%
|
| Cusip: | 17326K577
|
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