By Wendy Van Sickle
Columbus, Ohio, Feb. 13 – Citigroup Global Markets Holdings Inc. priced $1.22 million of 0% market-linked notes due Feb. 14, 2020 linked to the S&P 500 Daily Risk Control 10% Excess Return 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 the index gain up to a maximum gain of 8.2%.
If the final level is less than or equal to the initial level, investors will be exposed to the first 4% of losses.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Market-linked notes
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| Underlying index: | S&P 500 Daily Risk Control 10% Excess Return index
|
| Amount: | $1,222,000
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| Maturity: | Feb. 14, 2020
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the final index level is greater than the initial level, par plus index gain up to 8.2%; if index declines, exposure to first 4% of losses
|
| Initial level: | 191.534
|
| Pricing date: | Feb. 11
|
| Settlement date: | Feb. 14
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 0.55%
|
| Cusip: | 17326YVZ6
|
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