New Issue: Citigroup prices $800,000 barrier securities linked to indexes

By Wendy Van Sickle

Columbus, Ohio, July 29 – Citigroup Global Markets Holdings Inc. priced $800,000 of 0% barrier securities due July 29, 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 130% of the worst performing index if all three underliers finish above their initial levels.

If the worst performer declines, but not more than 50%, 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:	$800,000
Maturity:	July 29, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 130% of return of worst performing index, if all three finish positive; par if worst performer declines, but not more than 50%; otherwise full exposure to decline of worst performer
Initial index levels:	26,469.89 for Dow, 10,483.13 for Nasdaq, 3,215.63 for S&P
Barrier levels:	13,234.945 for Dow, 5,241.565 for Nasdaq, 1,607.815 for S&P; 50% of initial levels
Pricing date:	July 24
Settlement date:	July 29
Underwriter:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17328W2W7

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