By Wendy Van Sickle
Columbus, Ohio, Aug. 9 – Citigroup Global Markets Holdings Inc. priced $4.72 million of 0% market-linked securities due Aug. 9, 2027 linked to the S&P 500 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.
Otherwise, investors will have exposure to the first 10% of losses, with a minimum payout of 90% of par.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Market-linked securities
|
| Underlying index: | S&P 500 index
|
| Amount: | $4.72 million
|
| Maturity: | Aug. 9, 2027
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain; otherwise, exposure to first 10% of losses, with minimum payout of 90% of par
|
| Initial level: | 4,151.94
|
| Pricing date: | Aug. 4
|
| Settlement date: | Aug. 9
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 0.75%
|
| Cusip: | 17330PXW4
|
|
|
© 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.
