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Published on 2/10/2021 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $180,000 barrier securities om MSCI World Dividend Growers Quality Select

By Wendy Van Sickle

Columbus, Ohio, Feb. 10 – Citigroup Global Markets Holdings Inc. priced $180,000 of 0% barrier securities due Feb. 1, 2024 linked to the MSCI World Dividend Growers Quality Select 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 any index gain, up to a maximum gain of 40%. If the index falls by up to 20%, the payout will be par. Otherwise, investors will be fully exposed to the index decline.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier securities
Underlying index:MSCI World Dividend Growers Quality Select index
Amount:$180,000
Maturity:Feb. 1, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, up to 40% maximum gain; par if index falls by up to 20%; otherwise, full exposure to losses
Initial level:2,297.38
Barrier level:1,837.904, 80% of initial level
Pricing date:Jan. 27
Settlement date:Feb. 1
Underwriter:Citigroup Global Markets Inc.
Fees:2%
Cusip:17328YD35

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