Published on 3/15/2019 in the Prospect News Structured Products Daily.
New Issue: Citigroup sells $4.30 million market-linked notes tied to basket of three indexes
By Marisa Wong
Morgantown, W.Va., March 15 – Citigroup Global Markets Holdings Inc. priced $4,295,000 of 0% market-linked notes due Nov. 2, 2022 linked to an equally weighted basket of the S&P 500 index, the Euro Stoxx 50 index and the Topix 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 any basket gain. If the basket finishes flat or falls, the payout will be par.
Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Wealth Management as a selected dealer.
Issuer: | Citigroup Global Markets Holdings Inc.
|
Guarantor: | Citigroup Inc.
|
Issue: | Market-linked notes
|
Underlying basket: | S&P 500 index, Euro Stoxx 50 index, Topix index; equally weighted
|
Amount: | $4,295,000
|
Maturity: | Nov. 2, 2022
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any basket gain; par if basket finishes flat or falls
|
Initial levels: | 2,784.49 for S&P, 3,298.26 for Stoxx, 1,607.66 for Topix
|
Pricing date: | Feb. 28
|
Settlement date: | March 5
|
Underwriter: | Citigroup Global Markets Inc.
|
Dealer: | Morgan Stanley Wealth Management
|
Fees: | 3%
|
Cusip: | 17326W779
|
|
© 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.