By William Gullotti
Buffalo, N.Y., Feb. 9 – Citigroup Global Markets Holdings Inc. priced $1.86 million of 0% market-linked notes – autocallable with principal return at maturity due Feb. 1, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Citigroup Inc.
The notes will be automatically called at par plus a 6% annualized call premium if the index closes at or above its initial level on any annual valuation date.
If the notes have not been called, the payout at maturity will be par.
Citigroup Global Markets Inc. and Wells Fargo Securities are the agents.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Market-linked notes – autocallable with principal return at maturity
|
| Underlying index: | S&P 500 index
|
| Amount: | $1,858,000
|
| Maturity: | Feb. 1, 2028
|
| Coupon: | 0%
|
| Level: | Par
|
| Payout at maturity: | Par
|
| Call: | Automatically at par plus a 6% annualized call premium if the index closes at or above initial level on any annual valuation date
|
| Initial level: | 4,070.56
|
| Pricing date: | Jan. 27
|
| Settlement date: | Feb. 1
|
| Agents: | Citigroup Global Markets Inc. and Wells Fargo Securities
|
| Fees: | 2.34%
|
| Cusip: | 17331C7H4
|
|
|
© 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.
