Published on 6/5/2019 in the Prospect News Structured Products Daily.
New Issue: Citigroup sells $437,000 market-linked notes tied to S&P 500
By Wendy Van Sickle
Columbus, Ohio, June 5 – Citigroup Global Markets Holdings Inc. priced $437,000 of 0% market-linked notes due Dec. 4, 2024 linked to the S&P 500 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 index gain, capped at par plus 40%. If the index falls, investors will be exposed to losses up to 5%.
Citigroup Global Markets Inc. is the agent.
Issuer: | Citigroup Global Markets Holdings Inc.
|
Guarantor: | Citigroup Inc.
|
Issue: | Market-linked notes
|
Underlying index: | S&P 500 index
|
Amount: | $437,000
|
Maturity: | Dec. 4, 2024
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any index gain, capped at par plus 40%; if the index falls, exposure to losses up to 5%
|
Initial level: | 2,802.39
|
Pricing date: | May 28
|
Settlement date: | May 31
|
Agent: | Citigroup Global Markets Inc.
|
Fees: | 4.125%
|
Cusip: | 17326YYH3
|
|
© 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.