New Issue: Citigroup prices $1.35 million autocallable contingent coupon notes on three stocks

By Wendy Van Sickle

Columbus, Ohio, Jan. 3 – Citigroup Global Markets Holdings Inc. priced $1.35 million of autocallable contingent coupon equity-linked securities due April 11, 2025 linked to the worst performing of the common stocks of American Express Co., Caterpillar Inc. and Home Depot, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 10.1% paid monthly if the worst performing stock closes at or above its 70% coupon barrier on the related valuation date.

The securities will be called automatically at par if the price of the worst performing stock is greater than or equal to its initial price on any monthly valuation date after three months.

If the worst performing stock finishes at or above its 65% final barrier the payout at maturity will be par. Otherwise investors will lose 1% loss for every 1% that the worst performing stock declines.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Autocallable contingent coupon equity-linked securities
Underlying stocks:	American Express Co., Caterpillar Inc. and Home Depot, Inc.
Amount:	$1,347,000
Maturity:	April 11, 2025
Coupon:	10.1% annual rate, paid monthly if the worst performing stock closes at or above its 70% coupon barrier on the related valuation date
Price:	Par
Payout at maturity:	If worst performing stock finishes at or above final barrier par; 1% loss for every 1% that worst performing stock declines if it ends below final barrier
Call:	Automatically at par starting after six months if the price of the worst performing stock is greater than or equal to its initial price on any monthly valuation date after three months
Initial levels:	$187.06 for American Express, $298.12 for Caterpillar, $348.53 for Home Depot
Coupon barriers:	$130.942 for American Express, $208.684 for Caterpillar, $243.971 for Home Depot, 70% of initial levels
Final barriers:	$121.589 for American Express, $193.778 for Caterpillar, $226.545 for Home Depot, 65% of initial levels
Pricing date:	Dec. 27
Settlement date:	Jan. 2
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17291TPY8

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