New Issue: Citigroup prices $677,000 barrier securities on linked to Dow, Nasdaq, Russell

By Wendy Van Sickle

Columbus, Ohio, Dec. 4 – Citigroup Global Markets Holdings Inc. priced $677,000 of 0% barrier securities due Nov. 28, 2025 linked to the worst performing of the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 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 105% of the worst performing index if all three underliers finish above their initial level.

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 Russell 2000
Amount:	$677,000
Maturity:	Nov. 28, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 105% 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:	Lowest of closing levels on Nov. 24, 2020, Dec. 24, 2020 and Jan. 25, 2021
Barrier levels:	70% of initial levels
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Underwriter:	Citigroup Global Markets Inc.
Fees:	4.125%
Cusip:	17328WNE4

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