By Susanna Moon
Chicago, Oct. 19 – Citigroup Global Markets Holdings Inc. priced $1.34 million of 0% barrier securities due Oct. 5, 2026 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 179.85% of any fund gain.
Investors will receive par if the fund falls by up to 50% and will be fully exposed to any losses if the fund finishes below its 50% barrier level.
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: | Barrier securities
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| Underlying fund: | iShares MSCI EAFE ETF
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| Amount: | $1,344,000
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| Maturity: | Oct. 5, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If fund gains, par plus 179.85% of return; par if fund declines by up to 50%; otherwise, 1% loss per 1% decline
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| Initial level: | $68.69
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| Barrier level: | $34.345, 50% of initial level
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| Pricing date: | Sept. 26
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| Settlement date: | Oct. 1
|
| Agents: | Citigroup Global Markets Inc.
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| Fees: | None
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| Cusip: | 17326YY26
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