By Sarah Lizee
Olympia, Wash., Feb. 15 – Citigroup Global Markets Holdings Inc. priced $4.89 million of 0% buffered Performance Leveraged Upside Securities due Sept. 3, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 2 times any index gain, capped at par plus 23.8%.
Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the buffer.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management is a dealer.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | S&P 500
|
| Amount: | $4,891,200
|
| Maturity: | Sept. 3, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, capped at par plus 23.8%; par if index falls by up to 10%; 1% loss per 1% decline beyond 10%
|
| Initial level: | 2,753.03
|
| Pricing date: | Feb. 13
|
| Settlement date: | Feb. 19
|
| Agent: | Citigroup Global Markets Inc.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 3%
|
| Cusip: | 17326W472
|
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