By Marisa Wong
Morgantown, W.Va., March 15 – Citigroup Global Markets Holdings Inc. priced $3.05 million of 0% partial principal at risk securities due March 3, 2021 tied to the MSCI Europe index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par of $10.00 plus 1.11 times any index gain.
If the index finishes flat or declines, investors will receive par plus the index return, subject to a minimum payout of $9.50 per note.
Citigroup Global Markets Inc. with Morgan Stanley Wealth Management as selected dealer.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Partial principal at risk securities
|
| Underlying index: | MSCI Europe
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| Amount: | $3,046,500
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| Maturity: | March 3, 2021
|
| Coupon: | 0%
|
| Price: | Par of $10.00
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| Payout at maturity: | Par plus 1.11 times any index gain; if index falls, par plus the index return subject to minimum payout of $9.50
|
| Initial index level: | 125.87
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| Pricing date: | Feb. 28
|
| Settlement date: | March 5
|
| Agent: | Citigroup Global Markets Inc.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 2.5%
|
| Cusip: | 17326W795
|
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