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Published on 6/24/2021 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $3.03 million barrier securities on Euro Stoxx 50

By Kiku Steinfeld

Chicago, June 24 – Citigroup Global Markets Holdings Inc. priced $3.03 million of 0% barrier securities due June 15, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The payout at maturity will be par plus 300% of any index gain, subject to a maximum payout of par plus 102%.

If the index falls by up to 30%, the payout will be par. Otherwise, investors will be fully exposed to the decline of the index from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier securities
Underlying index:Euro Stoxx 50
Amount:$3,025,000
Maturity:June 15, 2027
Coupon:0%
Price:Par
Payout at maturity:If the index finishes above initial level, par plus 300% of the index gain, subject to a maximum payout of par plus 102%; if the index falls by up to 30%, par; otherwise, full exposure to the decline of the index from its initial level
Initial level:4,096.07
Barrier level:2,867.249, 70% of initial level
Pricing date:June 10
Settlement date:June 15
Underwriter:Citigroup Global Markets Inc.
Fees:3.25%
Cusip:17329FUV4

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