By Marisa Wong
Morgantown, W.Va., May 8 – Citigroup Global Markets Holdings Inc. priced $5.14 million of 0% index-linked notes due Jan. 9, 2019 linked to the S&P 500 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 300% times any index gain, up to a maximum return of 21.45%.
Investors will be fully exposed to any index decline.
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: | Index-linked notes
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Underlying index: | S&P 500
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Amount: | $5,141,000
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Maturity: | Jan. 9, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 300% times any index gain, up to a maximum return of 21.45%; full exposure to any index decline
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Initial level: | 2,387.45
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Pricing date: | April 26
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Settlement date: | May 3
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | None
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Cusip: | 17324CHS8
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