By Marisa Wong
Morgantown, W.Va., Dec. 6 – Citigroup Global Markets Holdings Inc. priced $5.80 million of 0% capped gears due Jan. 31, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
If the index return is greater than zero, the payout at maturity will be par of $10 plus 3 times the index return, subject to a maximum gain of 14.25%. If the index return is negative, investors will be exposed to the index’s decline.
UBS Financial Services Inc. and Citigroup Global Markets Inc. are the agents.
Issuer: | Citigroup Global Markets Holdings Inc.
|
Guarantor: | Citigroup Inc.
|
Issue: | Capped gears
|
Underlying index: | Russell 2000 index
|
Amount: | $5,801,000
|
Maturity: | Jan. 31, 2019
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | Par plus 3 times any index gain, return capped at 14.25%; full exposure to any losses
|
Initial level: | 1,536.433
|
Pricing date: | Nov. 28
|
Settlement date: | Nov. 30
|
Agents: | UBS Financial Services Inc. and Citigroup Global Markets Inc.
|
Fees: | 2%
|
Cusip: | 17326E795
|
|
© 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.