New Issue: Citigroup sells $221,000 market-linked securities on S&P, Russell, Euro Stoxx

By Kiku Steinfeld

Chicago, March 9 – Citigroup Global Markets Holdings Inc. priced $221,000 of 0% market-linked securities due Feb. 27, 2026 tied to the least performing of the S&P 500 index, the Russell 2000 index and 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 final level of each asset is at least as great as its initial level, the payout at maturity will be par plus the return of the least performing asset up to a maximum of 67.5%. Otherwise, investors will lose 1% for each 1% loss of the worst-performing asset up to a maximum loss of 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked securities
Underlying assets:	Russell 2000 index, Euro Stoxx 50 index and S&P 500 index
Amount:	$221,000
Maturity:	Feb. 27, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of each asset is at least as great as its initial level, par plus return of least performing asset up to a maximum of 67.5%; otherwise, investors will lose 1% for each 1% loss of the worst-performing asset up to a maximum loss of 10%
Initial levels:	2,284.381 for Russell, 3,705.99 for Euro Stoxx, 3,925.43 for S&P
Pricing date:	Feb. 24
Settlement date:	March 1
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.125%
Cusip:	17328YTF1

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.