Chicago, May 17 – Citigroup Global Markets Holdings Inc. priced $1.55 million of 0% enhanced barrier digital plus securities due Nov. 25, 2022 linked to the common stock of Microsoft Corp., according to a 424B2 filing with the Securities and Exchange Commission.
If the final share price is greater than or equal to the final barrier value, 80% of the initial share price, the payout at maturity will be par plus 9.6%.
If the final share price is less than the final barrier value, investors will be fully exposed to the losses of the stock.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the underwriter.
Issuer: | Citigroup Global Markets Holdings Inc.
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Guarantor: | Citigroup Inc.
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Issue: | Enhanced barrier digital plus securities
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Underlying stock: | Microsoft Corp.
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Amount: | $1,554,000
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Maturity: | Nov. 25, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If final share price is greater than or equal to final barrier value, par plus 9.6%; if final share price is less than final barrier value, full exposure to losses of stock
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Initial share price: | $307.41
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Final barrier value: | $245.928; 80% of initial share price
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Pricing date: | Oct. 20, 2021
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Settlement date: | Oct. 25, 2021
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 0.43%
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Cusip: | 17329UDC2
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