New Issue: Citigroup sells $549,000 market-linked notes on index, fund basket

By Wendy Van Sickle

Columbus, Ohio, June 5 – Citigroup Global Markets Holdings Inc. priced $549,000 of 0% market-linked notes due May 31, 2022 linked to a basket consisting of the Dow Jones industrial average and the Euro Stoxx 50 index (25% weights each) and the iShares iBoxx $ High Yield Corporate Bond exchange-traded fund (50% weight), according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any basket gain.

If the basket falls, the payout will be par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter with Morgan Stanley Wealth Management as dealer.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked notes
Underlying basket:	Dow Jones industrial average (25% weight), Euro Stoxx 50 index (25% weight) and iShares iBoxx $ High Yield Corporate Bond ETF, (50% weight)
Amount:	$549,000
Maturity:	May 31, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, floor of par
Initial levels:	21,082.95 for Dow, 3,584.55 for Euro Stoxx and $88.52 for iShares iBoxx
Pricing date:	May 25
Settlement date:	May 31
Underwriter:	Citigroup Global Markets Inc.
Dealer:	Morgan Stanley Wealth Management
Fees:	2.5%
Cusip:	17324CHX7

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