New Issue: Citigroup sells $530,000 buffer securities linked to index basket

By Kiku Steinfeld

Chicago, April 4 – Citigroup Global Markets Holdings Inc. priced $530,000 of 0% buffer securities due Sept. 28, 2023 linked to an equally weighted basket of the S&P 500 index, the Dow Jones industrial average and the Nasdaq-100 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 any basket gain, up to a maximum payout of par plus 19.75%. Investors will receive par if the basket is flat or falls by up to 10% and will lose 1% for every 1% that the basket declines beyond the 10% buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying basket:	S&P 500 index, Dow Jones industrial average, Nasdaq-100 index; equally weighted
Amount:	$530,000
Maturity:	Sept. 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, up to maximum of par plus 19.75%; par if basket is flat or falls by up to 10%; 1% loss for every 1% decline beyond 10% buffer
Initial index levels:	4,354.19 for S&P, 15,027.77 for Nasdaq, 33,919.84 for Dow
Pricing date:	Sept. 23
Settlement date:	Sept. 28
Agent:	Citigroup Global Markets Inc.
Fees:	0.4%
Cusip:	17329QRN2

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