By Susanna Moon
Chicago, Feb. 25 – Citigroup Global Markets Holdings Inc. priced $2.25 million of 0% buffer securities due April 14, 2021 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 190% of any index gain, up to a maximum settlement amount of $1,255.74 for each $1,000 principal amount.
Investors will receive par if the index falls by up to 15% and will lose 1.1765% for each 1% drop beyond 15%.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Buffer securities
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| Underlying index: | MSCI EAFE index
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| Amount: | $2,251,000
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| Maturity: | April 14, 2021
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.9 times any index gain, capped at 25.574%; par if index declines by up to 15%; 1.1765% loss per 1% decline beyond 15%
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| Initial level: | 1,828.80
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| Pricing date: | Feb. 14
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| Settlement date: | Feb. 22
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| Agents: | Citigroup Global Markets Inc.
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| Fees: | None
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| Cusip: | 17326YYX8
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