New Issue: Citigroup prices $1.81 million 0.25% market-tied notes on fund, indexes

By Susanna Moon

Chicago, Dec. 28 – Citigroup Inc. priced $1.81 million of 0.25% market-linked notes due June 25, 2021 linked to a basket consisting of the S&P 500 index, the Euro Stoxx 50 index and the iShares Core U.S. Aggregate Bond exchange-traded fund, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable semiannually.

If the average basket return is positive, the payout at maturity will be par plus 105% of average basket gain. The average basket return will be the arithmetic average of the interim basket return percentages on each valuation date.

If the basket falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Market-linked notes
Underlying basket:	S&P 500 index, Euro Stoxx 50 index and iShares Core U.S. Aggregate Bond ETF, equally weighted
Amount:	$1,807,000
Maturity:	June 25, 2021
Coupon:	0.25%, payable semiannually
Price:	Par
Payout at maturity:	Par plus 105% of any average basket gain, floor of par
Initial levels:	2,038.97 for S&P, 3,214.32 for Euro Stoxx and $108.20 for bond fund
Pricing date:	Dec. 22
Settlement date:	Dec. 28
Underwriter:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17298C4Z8

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