New Issue: Citigroup prices $3.52 million buffered digital notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, July 19 – Citigroup Global Markets Holdings Inc. priced $3.52 million of 0% buffered digital notes due Sept. 15, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 15%, the payout at maturity will be $1,154.50 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

The note are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered digital notes
Underlying index:	Euro Stoxx 50
Amount:	$3,524,000
Maturity:	Sept. 15, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 15%, $1,154.50 per $1,000 principal amount of notes; otherwise, 1.1765% loss for every 1% that index declines beyond 15%
Initial level:	3,501.58
Pricing date:	July 17
Settlement date:	July 24
Underwriter:	Citigroup Global Markets Inc.
Fees:	None
Cusip:	17327TKB1

© 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.