By Angela McDaniels
Tacoma, Wash., March 26 – Citigroup Global Markets Holdings Inc. priced $991,000 of 0% buffer securities due Sept. 27, 2021 linked to the Euro Stoxx 50 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 or equal to the initial index level, the payout at maturity will be par plus 170% of the index return. Investors will receive par if the index declines by 25% or less and will lose 1% for every 1% that it declines beyond 25%.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Buffer securities
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $991,000
|
| Maturity: | Sept. 27, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is greater than initial index level, par plus 170% of index return; par if index declines by 25% or less; 1% loss for every 1% that index declines beyond 25%
|
| Initial level: | 3,305.73
|
| Pricing date: | March 22
|
| Settlement date: | March 29
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | None
|
| Cusip: | 17326YE36
|
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