New Issue: Citigroup prices $40,000 0% buffer securities linked to Nasdaq, Russell

Chicago, June 21 – Citigroup Global Markets Holdings Inc. priced $40,000 of 0% buffer securities due Dec. 5, 2024 linked to the worst performing of the Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus 112.5% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 10% buffer and will lose 1% for every 1% that the worst performing index declines beyond the buffer.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying indexes:	Nasdaq-100 index and Russell 2000 index
Amount:	$40,000
Maturity:	Dec. 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 112.5% of worst performing index return; par if worst performing index declines but finishes above the 10% buffer; otherwise, exposure to decline in worst performing index beyond buffer
Initial levels:	14,254.09 for Nasdaq, 1,749.650 for Russell
Buffer levels:	12,828.681 for Nasdaq, 1,574.685 for Russell, 90% of initial levels
Upside leverage:	112.5%
Cap:	None
Buffer:	10%
Call:	Non-callable
Pricing date:	May 31
Settlement date:	June 5
Agent:	Citigroup Global Markets Inc.
Fees:	0.85%
Cusip:	17331HRG3

© 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.