Published on 9/26/2014 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $6.64 million market-linked notes tied to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Sept. 26 – Citigroup Inc. priced $6.64 million of 0% market-linked notes due Sept. 30, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, subject to a minimum payout of $950 and a maximum payout of $1,610 per $1,000 principal amount of notes.
Citigroup Global Markets Inc. is the underwriter.
Issuer: | Citigroup Inc.
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Issue: | Market-linked notes
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Underlying index: | Euro Stoxx 50
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Amount: | $6,639,000
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Maturity: | Sept. 30, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus index return, subject to maximum return of 61% and maximum loss of 5%
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Initial index level: | 3,244.01
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Pricing date: | Sept. 24
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Settlement date: | Sept. 29
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 3.5%
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Cusip: | 1730T0Y94
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