New Issue: Citigroup sells $1 million equity-linked securities on three stocks

By Wendy Van Sickle

Columbus, Ohio, Jan. 14 – Citigroup Global Markets Holdings Inc. priced $1 million of 10.55% equity-linked securities due Jan. 18, 2023 tied to the least performing of the shares of Starbucks Corp., Amazon.com, Inc. and Clorox Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The coupon is payable monthly.

If the final level of each asset is at least as great as 75% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for each 1% loss of the worst-performing asset.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Equity-linked securities
Underlying assets:	Clorox Co., Starbucks Corp. and Amazon.com, Inc.
Amount:	$1 million
Maturity:	Jan. 18, 2023
Coupon:	10.55%, payable monthly
Price:	Par
Payout at maturity:	If the final level of each asset is at least as great as 75% of its initial level, par; otherwise, investors will lose 1% for each 1% loss of the worst-performing asset
Initial levels:	$193.73 for Clorox, $3,114.21 for Amazon.com and $104.75 for Starbucks
Barrier levels:	$145.298 for Clorox, $2,335.658 for Amazon.com and $78.45 for Starbucks, 75% of initial levels
Pricing date:	Jan. 12
Settlement date:	Jan. 15
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.4%
Cusip:	17328YCJ1

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