By William Gullotti
Buffalo, N.Y., Aug. 9 – Citigroup Global Markets Holdings Inc. priced $6.04 million of 0% market-linked notes due May 7, 2026 linked to an equally-weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The basket consists of the S&P 500 index, the Euro Stoxx 50 index and the Topix index.
The payout at maturity will be par plus any basket gain, subject to a maximum return of par plus 50%.
Otherwise, investors will receive par.
Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is the dealer.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Market-linked notes
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| Underlying basket: | S&P 500 index, Euro Stoxx 50 index, Topix index; equal weights
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| Amount: | $6.04 million
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| Maturity: | May 7, 2026
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus any basket gain capped at 50%; otherwise, par
|
| Initial levels: | 4,130.29 for S&P, 3,708.1 for Stoxx, 1,940.31 for Topix
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| Pricing date: | July 29
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| Settlement date: | Aug. 3
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| Underwriter: | Citigroup Global Markets Inc.
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| Dealer: | Morgan Stanley Wealth Management
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| Fees: | 3%
|
| Cusip: | 17330N641
|
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