New Issue: Citigroup prices $1 million barrier securities linked to indexes

By Wendy Van Sickle

Columbus, Ohio, Aug. 11 – Citigroup Global Markets Holdings Inc. priced $1 million of 0% barrier securities due Aug. 5, 2025 linked to the worst performing of the Dow Jones industrial average, the Russell 2000 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 165% 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, Russell 2000 and the S&P 500
Amount:	$1,001,000
Maturity:	Aug. 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 165% 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:	26,428.32 for Dow, 1,480.427 for Russell, 3,271.12 for S&P
Barrier levels:	18,499.824 for Dow, 1,036.299 for Russell, 2,289.784 for S&P; 70% of initial levels
Pricing date:	July 31
Settlement date:	Aug. 5
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.125%
Cusip:	17328W2C1

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