New Issue: Citigroup prices $400,000 market-linked notes on index, ETF basket

By Marisa Wong

Morgantown, W.Va., March 5 – Citigroup Global Markets Holdings Inc. priced $400,000 of 0% market-linked notes due Feb. 28, 2023 linked to a weighted basket of two indexes and an exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket consists of the Dow Jones industrial average with a 25% weight, the Euro Stoxx 50 index with a 25% weight and the iShares iBoxx High Yield Corporate Bond ETF with a 50% 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:	Dow Jones industrial average with 25% weight, Euro Stoxx 50 index with a 25% weight and iShares iBoxx High Yield Corporate Bond ETF with a 50% weight
Amount:	$400,000
Maturity:	Feb. 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain; par if basket declines
Initial levels:	25,309.99 for Dow, 3,441.46 for Euro Stoxx, $86.39 for ETF
Pricing date:	Feb. 23
Settlement date:	Feb. 28
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.5%
Cusip:	17324CR99

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