Published on 1/7/2016 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $994,000 market-linked notes tied to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., Jan. 7 – Citigroup Inc. priced $994,000 of 0% market-linked notes due Jan. 5, 2023 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 any index gain, up to a maximum return of 93%.
If the index falls, the payout will be par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $994,000
|
| Maturity: | Jan. 5, 2023
|
| Coupon: | 0%
|
| Price: | Par of $1,000
|
| Payout at maturity: | Par plus the index return, capped at 93%; par if index falls
|
| Initial index level: | 3,256.49
|
| Pricing date: | Dec. 28
|
| Settlement date: | Dec. 31
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 3.5%
|
| Cusip: | 17298C4W5
|
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