By Sarah Lizee
Olympia, Wash., Nov. 5 – Citigroup Global Markets Holdings Inc. priced $5.77 million of 0% Performance Leveraged Upside Securities due Feb. 5, 2020 linked to the iShares MSCI Emerging Markets ETF, 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 gain 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: | iShares MSCI Emerging Markets ETF
|
| Amount: | $5,765,670
|
| Maturity: | Feb. 5, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any fund gain, up to a maximum gain of 21.5%; investors will be exposed to any losses
|
| Initial price: | $39.16
|
| Pricing date: | Oct. 31
|
| Settlement date: | Nov. 5
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 2.25%
|
| Cusip: | 17326X637
|
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