By Susanna Moon
Chicago, Feb. 5 – Citigroup Global Markets Holdings Inc. priced $5.15 million of 0% buffered Performance Leveraged Upside Securities due Jan. 26, 2024 linked to the MSCI World index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.385 times any index gain.
Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond the buffer.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Buffered Performance Leveraged Upside Securities
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| Underlying index: | MSCI World
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| Amount: | $5.15 million
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| Maturity: | Jan. 26, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 138.5% of any index gain; par if index falls by up to 20%; 1% loss per 1% decline beyond 20%
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| Initial level: | 1,980.15
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| Pricing date: | Jan. 23
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| Settlement date: | Jan. 30
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| Agents: | Citigroup Global Markets Inc.
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| Fees: | 2%
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| Cusip: | 17326W852
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