By Angela McDaniels
Tacoma, Wash., April 2 – Citigroup Global Markets Holdings Inc. priced $7.44 million of 0% buffered notes due April 27, 2021 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The basket includes the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
If the basket return is positive, the payout at maturity will be par plus 1.85 times the basket return. Investors will receive par if the basket declines by 10% or less and will lose 1.1111% for every 1% that the basket may decline beyond 10%.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Buffered notes
|
| Underlying indexes: | Euro Stoxx 50 (36% weight), Topix (27% weight), FTSE 100 (20% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
|
| Amount: | $7,443,000
|
| Maturity: | April 27, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If basket return is positive, par plus 1.85 times basket return; par if basket declines by 10% or less; 1.1111% loss for every 1% that basket declines beyond 10%
|
| Pricing date: | March 29
|
| Settlement date: | April 5
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 2%
|
| Cusip: | 17326YHZ2
|
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