By Marisa Wong
Morgantown, W.Va., Feb. 7 – Citigroup Global Markets Holdings Inc. priced $14.54 million of 0% Performance Leveraged Upside Securities due May 3, 2018 linked to the WisdomTree Japan Hedged Equity fund, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par of $10 plus triple any fund gain, up to a maximum payout of $11.805 per PLUS.
Investors will be fully exposed to any fund decline.
Citigroup Global Markets Inc. is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Performance Leveraged Upside Securities
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| Underlying fund: | WisdomTree Japan Hedged Equity fund
|
| Amount: | $14,535,750
|
| Maturity: | May 3, 2018
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| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus triple any fund gain, capped at 18.05%; full exposure to losses
|
| Initial price: | $49.87
|
| Pricing date: | Jan. 31
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| Settlement date: | Feb. 3
|
| Agent: | Citigroup Global Markets Inc. with Morgan Stanley Wealth Management handling distribution
|
| Fees: | 2.25%
|
| Cusip: | 17325E192
|
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