By Sarah Lizee
Olympia, Wash., Sept. 12 – Citigroup Global Markets Holdings Inc. priced $5.19 million of 0% index-linked notes due March 11, 2020 linked to the Russell 2000 index, 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 plus 400% of any index gain, up to a maximum settlement amount of $1,171.20 per $1,000 of notes.
Investors will be fully exposed to any index decline.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | Russell 2000 index
|
| Amount: | $5.19 million
|
| Maturity: | March 11, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 400% times any index gain, up to a maximum settlement amount of $1,171.20 per $1,000 of notes; full exposure to any index decline
|
| Initial level: | 1,713.18
|
| Pricing date: | Sept. 7
|
| Settlement date: | Sept. 14
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 1.67%
|
| Cusip: | 17326YNM4
|
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