New Issue: Citigroup prices $501,000 upturn securities linked to Stoxx 50, EAFE ETF

By William Gullotti

Buffalo, N.Y., April 8 – Citigroup Global Markets Holdings Inc. priced $501,000 of 0% upturn securities due April 3, 2025 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlier finishes at or above its initial level, the payout at maturity will be par plus 255% of the laggard underlier’s return.

Investors will be fully exposed to the losses of the worst performer.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Upturn securities
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$501,000
Maturity:	April 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 255% of the gain of the least performing underlier; full exposure to decline of worst performer from its initial level
Initial index levels:	$73.60 for ETF, 3,902.52 for index
Pricing date:	March 31
Settlement date:	April 5
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.2%
Cusip:	17330AXH0

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.