Published on 8/27/2023 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $348,000 digital notes linked to Nasdaq, Russell
By Kiku Steinfeld
Chicago, Aug. 28 – Citigroup Global Markets Holdings Inc. priced $348,000 of 0% digital notes due March 4, 2026 linked to the Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index falls flat or gains, the payout at maturity will be par plus 20.5%. Otherwise the payout will be par.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
Issuer: | Citigroup Global Markets Holdings Inc.
|
Guarantor: | Citigroup Inc.
|
Issue: | Digital notes
|
Underlying indexes: | Nasdaq-100 index and Russell 2000 index
|
Amount: | $348,000
|
Maturity: | March 4, 2026
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If worst performing index falls flat or gains, par plus 20.5%; otherwise par
|
Initial levels: | 12,057.79 for Nasdaq, 1,896.269 for Russell
|
Digital payment: | 20.5%
|
Pricing date: | Feb. 27, 2023
|
Settlement date: | March 2, 2023
|
Agent: | Citigroup Global Markets Inc.
|
Fees: | 2.25%
|
Cusip: | 17331CP43
|
|
© 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.