Chicago, Aug. 16 – Citigroup Global Markets Holdings Inc. priced $445,000 of autocallable market-linked notes due July 22, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The securities are guaranteed by Citigroup Inc.
The securities will be automatically called at par plus an early redemption premium of 9% if the index closes at or above its initial level on July 19, 2023.
The payout at maturity will be par plus the return of the index if the index finishes above its initial level.
Otherwise, investors will receive par.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Autocallable market-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $445,000
|
| Maturity: | July 22, 2027
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus index return if index finishes above initial level; otherwise, par
|
| Call: | Par plus 9% premium if the index closes at or above initial level on July 19, 2023
|
| Initial level: | 3,830.85
|
| Pricing date: | July 18, 2022
|
| Settlement date: | July 21, 2022
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 0.75%
|
| Cusip: | 17330PVG1
|
|
|
|
|
© 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.
