By Susanna Moon
Chicago, July 12 – Citigroup Global Markets Holdings Inc. priced $1.98 million of 0% buffered notes due Feb. 9, 2018 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Citigroup Inc.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,190.50 for each $1,000 principal amount.
Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for each 1% decline beyond 12.5%.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Inc.
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| Issue: | Buffered notes
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| Underlying index: | MSCI EAFE
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| Amount: | $1,975,000
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| Maturity: | Feb. 9, 2018
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 150% of any index gain, capped at 19.05%; par if index falls by up to 12.5%; 1.1429% loss per 1% decline beyond 12.5%
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| Initial level: | 1,583.06
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| Pricing date: | July 7
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| Settlement date: | July 14
|
| Underwriter: | Citigroup Global Markets Inc.
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| Fees: | None
|
| Cusip: | 17324C6H4
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