By Marisa Wong
Morgantown, W.Va., May 2 – Citigroup Global Markets Holdings Inc. priced $7.49 million of 0% market-linked notes due April 30, 2021 linked to the SPDR Euro Stoxx 50 exchange-traded fund, 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 any fund gain, up to a maximum return of 49%.
If the index falls, the payout will be par plus the return, with a minimum payout of 95% of par.
Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
|
| Issue: | Market-linked notes
|
| Underlying fund: | SPDR Euro Stoxx 50 ETF
|
| Amount: | $7,486,000
|
| Maturity: | April 30, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, up to cap of 49%; if index falls, par plus return with floor of 95% of par
|
| Initial level: | $34.75
|
| Pricing date: | April 27
|
| Settlement date: | April 29
|
| Agents: | Citigroup Global Markets Inc. and UBS Financial Services Inc.
|
| Fees: | 3%
|
| Cusip: | 17324C2Z8
|
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