By Marisa Wong
Morgantown, W.Va., April 20 – Citigroup Inc. priced $241,150 of 0% buffered Performance Leveraged Upside Securities due Nov. 5, 2018 linked to the WisdomTree Japan hedged equity fund, according to a 424B5 filed with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus double any fund gain, up to a maximum return of 30.35%.
Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond 10%.
Citigroup Global Markets Inc. is the underwriter.
Issuer: | Citigroup Inc.
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Issue: | Buffered Performance Leveraged Upside Securities
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Underlying fund: | WisdomTree Japan hedged equity fund
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Amount: | $241,150
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Maturity: | Nov. 5, 2018
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus double any fund gain, capped at 30.35%; par if fund falls by up to 10%; exposure to losses beyond 10%
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Initial level: | $43.81
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Pricing date: | April 18
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Settlement date: | April 21
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 3%
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Cusip: | 17323P165
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