By Marisa Wong
Olympia, Wash., April 16 – Citigroup Global Markets Holdings Inc. priced $1.67 million of 0% market-linked notes due March 28, 2024 linked to an equally weighted basket of the Euro Stoxx 50 index, the S&P 500 index and the Topix 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 1.1 times the basket return, subject to a floor of par.
Citigroup Global Markets Inc. is the underwriter.
Proceeds will be used to finance or refinance loans and/or investments made by Citigroup for assets or projects that meet its green bond eligibility criteria.
Eligible project categories include renewable energy, energy efficiency, water quality and conservation, sustainable transportation and green building.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Market-linked notes (green bonds)
|
| Underlying basket: | Euro Stoxx 50 index, S&P 500 index, Topix index; equally weighted
|
| Amount: | $1,667,000
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| Maturity: | March 28, 2024
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.1 times any basket gain, floor of par
|
| Initial levels: | 3,322.04 for Stoxx, 2,805.37 for S&P, 1,609.49 for Topix
|
| Pricing date: | March 27
|
| Settlement date: | March 29
|
| Underwriter: | Citigroup Global Markets Inc.
|
| Fees: | 3.5%
|
| Cusip: | 17326YF68
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