By Marisa Wong
Morgantown, W.Va., Aug. 2 – Citigroup Global Markets Holdings Inc. priced $52.46 million of 0% market-linked notes due Aug. 5, 2020 linked to the MSCI Europe 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 level, the payout at maturity will be par plus 1.25 times the index gain.
If the final level is less than or equal to the initial level, the payout will be par plus the index return, subject to a floor of 95% of par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | MSCI Europe index
|
| Amount: | $52,457,100
|
| Maturity: | Aug. 5, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the final index level is greater than the initial level, par plus 1.25 times the index gain; if the final level is less than or equal to the initial level, par plus the index return, subject to a floor of 95% of par
|
| Initial level: | 132.00
|
| Pricing date: | July 31
|
| Settlement date: | Aug. 3
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 2.5%
|
| Cusip: | 17326K718
|
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