New Issue: Citi sells $10.18 million 5.15% callable equity-linked notes on three indexes

By William Gullotti

Buffalo, N.Y., July 7 – Citigroup Global Markets Holdings Inc. priced $10.18 million of 5.15% callable equity-linked securities due June 19, 2023 tied to the worst performing of the Nasdaq-100 index, the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

Interest is payable monthly.

The notes will be callable on any quarterly review date after six months.

If the notes are not called and the final level of each index is at least 65% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline of the worst performing index.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Callable equity-linked securities
Underlying indexes:	S&P 500 index, Dow Jones industrial average, Nasdaq-100 index
Amount:	$10,179,000
Maturity:	June 19, 2023
Coupon:	5.15%, payable monthly
Price:	Par
Payout at maturity:	Par if each index finishes above 65% of its initial value; otherwise, 1% loss for every 1% decline of the worst performing index from initial level
Call option:	At par plus the coupon on any quarterly review date after six months
Initial levels:	4,255.15 for S&P, 34,393.75 for Dow, 14,128.2 for Nasdaq
Downside thresholds:	2,765.848 for S&P, 22,355.938 for Dow, 9,183.33 for Nasdaq; 65% of initial levels
Pricing date:	June 14
Settlement date:	June 17
Agent:	Citigroup Global Markets Inc.
Fees:	0.5%
Cusip:	17329FSZ8

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