New Issue: Citigroup sells $5.25 million market-linked securities on Nasdaq, Dow, S&P

By William Gullotti

Buffalo, N.Y., Aug. 19 – Citigroup Global Markets Holdings Inc. priced $5.25 million of market-linked securities due Aug. 20, 2024 linked to the least performing of the Dow Jones industrial average, the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the return of the least performing index, subject to a maximum payout of par plus 24.3%.

If the worst performer declines, investors will lose 1% for every 1% decline of the worst performer to a minimum payout of 95% of par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked securities
Underlying indexes:	Nasdaq-100 index, S&P 500 index, Dow Jones industrial average
Amount:	$5,248,000
Maturity:	Aug. 20, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the return of the least performing index up to 24.3%; otherwise, lose 1% for every 1% decline of the worst performer to a minimum payout of 95% of par
Initial levels:	13,667.18 for Nasdaq, 4,297.14 for S&P, 33,912.44 for Dow
Pricing date:	Aug. 15
Settlement date:	Aug. 18
Agent:	Citigroup Global Markets Inc.
Fees:	0.7%
Cusip:	17330RAT2

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