By Wendy Van Sickle
Columbus, Ohio, June 22 – Citigroup Global Markets Holdings Inc. priced $1.23 million of 0% absolute return notes due Oct. 18, 2024 linked to the S&P 500 Daily Risk Control 5% Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par plus the absolute value of the index return.
Proceeds will be used to finance or refinance eligible green assets.
Citigroup Global Markets Inc. is the underwriter. UBS Financial Services Inc. is acting as agent.
Issuer: | Citigroup Global Markets Holdings Inc.
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Guarantor: | Citigroup Inc.
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Issue: | Absolute return notes
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Underlying index: | S&P 500 Daily Risk Control 5% Excess Return
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Amount: | $1,229,000
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Maturity: | Oct. 18, 2024
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Coupon: | 0%
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Price: | Par of $1,000
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Payout at maturity: | Par plus absolute value of index return
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Initial level: | 157.17
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Pricing date: | June 15
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Settlement date: | June 21
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Underwriter: | Citigroup Global Markets Inc.
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Agent: | UBS Financial Services Inc.
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Fees: | 2.5%
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Cusip: | 17330P4G1
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