By Wendy Van Sickle
Columbus, Ohio, Nov. 19 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% enhanced barrier digital securities due Nov. 25, 2020 linked to the common stock of Walt Disney Co., according to a 424B2 filing with the Securities and Exchange Commission.
If the final share price is greater than or equal to the final barrier value, 85% of the initial share price, the payout at maturity will be par 9.95%.
If the final share price is less than the final barrier value, investors will be fully exposed to the decline.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Enhanced barrier digital securities
|
| Underlying stock: | Walt Disney Co.
|
| Amount: | $500,000
|
| Maturity: | Nov. 25, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final share price is greater than or equal to final barrier value, par plus 9.95%; if final share price is less than final barrier value, full exposure to decline
|
| Initial share price: | $148.72
|
| Final barrier value: | $126.412, 85% of initial share price
|
| Pricing date: | Nov. 14
|
| Settlement date: | Nov. 19
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 0.2%
|
| Cusip: | 17327TZU3
|
|
|
© 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.
