New Issue: Citigroup prices $407,000 market-linked notes on ETF, index basket

By Tali Rackner

Norfolk, Va., Aug. 30 – Citigroup Global Markets Holdings Inc. priced $407,000 of 0% market-linked notes due Aug. 30, 2021 linked to a basket of three underliers, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket consists of the iShares Core U.S. Aggregate Bond exchange-traded fund with a 50% weight, the Dow Jones industrial average with a 25% weight and the Euro Stoxx 50 index with a 25% weight.

The payout at maturity will be par plus any basket gain. If the basket falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked notes
Underlying basket:	iShares Core U.S. Aggregate Bond ETF (50% weight), Dow Jones industrial average (25% weight) and Euro Stoxx 50 index (25% weight)
Amount:	$407,000
Maturity:	Aug. 30, 2021
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the basket return is positive, par plus the basket gain; otherwise, par
Initial levels:	$112.52 for ETF, 18,448.41 for Dow Jones, 2,987.69 for Stoxx
Pricing date:	Aug. 25
Settlement date:	Aug. 30
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.5%
Cusip:	17324C6L5

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