By Sarah Lizee
Olympia, Wash., Sept. 6 – Citigroup Global Markets Holdings Inc. priced $4.03 million of 0% Performance Leveraged Upside Securities due Dec. 4, 2019 linked to the Energy Select Sector SPDR fund, 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 of $10 plus 300% of any fund gain, up to a maximum return of 21.5%.
Investors will be exposed to any losses.
Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is acting as a dealer.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying fund: | Energy Select Sector SPDR fund
|
| Amount: | $4,027,750
|
| Maturity: | Dec. 4, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any fund gain, up to a maximum return of 21.5%; investors will be exposed to any losses
|
| Initial price: | $74.44
|
| Pricing date: | Aug. 31
|
| Settlement date: | Sept. 6
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 1.8%
|
| Cusip: | 17326X561
|
© 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.
