By Angela McDaniels
Tacoma, Wash., July 5 – Citigroup Global Markets Holdings Inc. priced $934,700 of 0% trigger Performance Leveraged Upside Securities due July 6, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the index finishes above its initial level, the payout at maturity will be par of $10 plus 170% of the index return.
If the index finishes at or below its initial level but at or above its trigger level, the payout will be par. The trigger level is 65% of the initial index level.
If the index finishes below its trigger level, investors will be exposed to the index’s decline from its initial level.
Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management is a dealer.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Trigger Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $934,700
|
| Maturity: | July 6, 2022
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If index finishes above initial level, par plus 170% of index return; if index finishes at or below initial level but at or above trigger level, par; if index finishes below trigger level, exposure to decline
|
| Initial index level: | 2,864.74
|
| Trigger level: | 1,862.081, 65% of initial levels
|
| Pricing date: | June 30
|
| Settlement date: | July 6
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Selected dealer: | Morgan Stanley Wealth Management
|
| Fees: | 3.5%
|
| Cusip: | 17324P305
|
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