By Sarah Lizee
Olympia, Wash., April 23 – Citigroup Global Markets Holdings Inc. priced $1.2 million of 0% buffer securities due April 22, 2022 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 135% 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: | $1,199,000
|
| Maturity: | April 22, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is greater than initial index level, par plus 135% of index return; par if index declines by 25% or less; 1% loss for every 1% that index declines beyond 25%
|
| Initial level: | 3,499.23
|
| Pricing date: | April 18
|
| Settlement date: | April 26
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 2.5%
|
| Cusip: | 17326YW77
|
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