New Issue: Citigroup sells $1.93 million buffer securities linked to the Dow

By Marisa Wong

Morgantown, W.Va., July 5 – Citigroup Global Markets Holdings Inc. priced $1.93 million of 0% buffer securities due June 30, 2022 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the index return is positive, the payout at maturity will be par plus 110% of the index gain, subject to a maximum return of 50%. Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% that the index declines beyond the 20% buffer.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Dow Jones industrial average
Amount:	$1,931,000
Maturity:	June 30, 2022
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index return is positive, par plus 110% of the index gain, subject to a maximum return of 50%; par if the index falls by up to 20%; 1% loss for every 1% that the index declines beyond the 20% buffer
Initial level:	21,409.55
Pricing date:	June 26
Settlement date:	June 29
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17324CJV9

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