By Marisa Wong
Madison, Wis., April 29 - Citigroup Inc. priced $4.08 million of 0% market-linked notes due Oct. 30, 2019 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The average index return will be the average of the index returns on each quarterly valuation date during the life of the notes.
If the average index return is positive, the payout at maturity will be par plus the gain.
If the average index return is zero or negative, the payout will be par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $4,078,000
|
| Maturity: | Oct. 30, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If average index return is positive, par plus return; if average index return is zero or negative, par
|
| Initial index level: | 1,920.47
|
| Average index return: | Average of index return percentages on each quarterly valuation date during life of notes
|
| Pricing date: | April 25
|
| Settlement date: | April 30
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 3%
|
| Cusip: | 1730T0M97
|
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