By Wendy Van Sickle
Columbus, Ohio, Dec. 19 – Citigroup Global Markets Holdings Inc. $691,000 of 0% buffer securities due Dec. 21, 2021 linked to the MSCI EAFE 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 1.02 times any index gain.
Investors will receive par if the index falls by up to the buffer amount of 30% and will lose 1% for every 1% that the index declines beyond the buffer.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Buffer securities
|
| Underlying index: | MSCI EAFE
|
| Amount: | $691,000
|
| Maturity: | Dec. 21, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.02 times any index gain; par if the index falls by up to 30%; 1% loss for every 1% decline beyond the 30% buffer
|
| Initial level: | 1,752.74
|
| Buffer level: | 1,226.918, 70% of initial level
|
| Pricing date: | Dec. 14
|
| Settlement date: | Dec. 19
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 0.25%
|
| Cusip: | 7326Y5N2
|
|
|
© 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.
