By Wendy Van Sickle
Columbus, Ohio, June 11 – Citigroup Global Markets Holdings Inc. priced $760,000 of 0% buffered notes due Dec. 23, 2021 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par plus 1.5 times any index gain, capped at par plus 17.25%.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% per 1% drop beyond 10%.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Buffered notes
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| Underlying index: | MSCI EAFE
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| Amount: | $760,000
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| Maturity: | Dec. 23, 2021
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.5 times any index gain, capped at par plus 17.25%; par if the index falls by up to 10%; 1.1111% loss per 1% drop beyond 10%
|
| Initial index level: | 1,773.59
|
| Pricing date: | June 2
|
| Settlement date: | June 9
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | None
|
| Cusip: | 17328VRG7
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