By Wendy Van Sickle
Columbus, Ohio, March 15 – Citigroup Global Markets Holdings Inc. priced $8.4 million of 0% index-linked notes due March 12, 2026 linked to the Russell 2000 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 any index gain, subject to a maximum payout of par plus 16.22%.
Investors will be fully exposed to any index decline.
Citigroup Global Markets Inc. is the underwriter.
Issuer: | Citigroup Global Markets Holdings Inc.
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Guarantor: | Citigroup Inc.
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Issue: | Index-linked notes
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Underlying index: | Russell 2000
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Amount: | $8.4 million
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Maturity: | March 12, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus index return capped at 16.22%; full exposure to decline
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Initial index level: | 2,011.673
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Pricing date: | March 10
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Settlement date: | March 17
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 3.47%
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Cusip: | 17330ANM0
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