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Published on 5/29/2020 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $3.74 million barrier securities on linked to Dow, Nasdaq, S&P

Chicago, May 29 – Citigroup Global Markets Holdings Inc. priced $3.74 million of 0% barrier securities due May 22, 2025 linked to the worst 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 notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 195% of the worst performing index if all three underliers finish above their initial levels.

If the worst performer declines, but not more than 30%, the payout at maturity will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing index.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier securities
Underlying indexes:Dow Jones industrial average, Nasdaq-100 and the S&P 500
Amount:$3,744,000
Maturity:May 22, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus 195% of return of worst performing index, if all three finish positive; par if worst performer declines, but not more than 30%; otherwise full exposure to decline of worst performer
Initial index levels:24,206.86 for Dow, 9,298.545 Nasdaq, 2,922.94 for S&P 500
Barrier levels:16,944.802 for Dow, 6,508.982 for Nasdaq, 2,046.058 for S&P 500; 70% of initial levels
Pricing date:May 19
Settlement date:May 22
Underwriter:Citigroup Global Markets Inc.
Fees:1.125%
Cusip:17328VJA9

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