New Issue: Citigroup prices $1.06 million upturn securities linked to S&P, Russell

By William Gullotti

Buffalo, N.Y., Nov. 10 – Citigroup Global Markets Holdings Inc. priced $1.06 million of 0% upturn securities due Nov. 7, 2024 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 220% of the laggard index’s return, subject to a maximum payout of par plus 60%.

Investors will be fully exposed to any losses of the worst performing index.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Upturn securities
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$1,057,000
Maturity:	Nov. 7, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 220% of the gain of the least performing index, capped at par plus 60%; full exposure to decline of worst performer from its initial level
Initial index levels:	1,799.866 for Russell, 3,770.55 for S&P
Pricing date:	Nov. 4
Settlement date:	Nov. 9
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.8%
Cusip:	17330Y2D1

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