By Wendy Van Sickle
Columbus, Ohio, Nov. 7 – Citigroup Global Markets Holdings Inc. priced $4.62 million of 0% index-linked notes due May 3, 2021 linked to the S&P/TSX 60 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 300% of any index gain, up to a maximum settlement amount of $1,776.70 per $1,000 of notes.
Investors will be fully exposed to any index decline.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Index-linked notes
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| Underlying index: | S&P/TSX 60
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| Amount: | $4.62 million
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| Maturity: | May 3, 2021
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus 300% of index return, subject to maximum payment of $1,176.70 per $1,000 principal amount; full exposure to decline
|
| Initial index level: | 751.640034
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| Pricing date: | Oct. 29
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| Settlement date: | Nov. 5
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| Underwriter: | Citigroup Global Markets Inc.
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| Fees: | 1.67%
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| Cusip: | 17327TVB9
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