New Issue: Citigroup prices $176,000 equity index basket-linked notes

Chicago, Feb. 14 – Citigroup Global Markets Holdings Inc. priced $176,000 of 0% equity index basket-linked notes due Sept. 14, 2022 linked to an unequally weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is flat or positive, the payout will be par plus 300% of the basket return, subject to a maximum settlement amount of $1,189 per $1,000 principal amount of notes.

Otherwise, investors will be exposed to any losses of the basket.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Equity index basket-linked notes
Underlying basket:	Euro Stoxx 50 (36% weight), Topix (29% weight), FTSE 100 (16% weight), Swiss Market (11% weight), S&P/ASX 200 (8% weight)
Amount:	$176,000
Maturity:	Sept. 14, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket return is zero or positive, par plus 300% of the return, capped at par plus 18.9%; otherwise, full expose to losses of basket
Initial index levels:	3,940.46 for Stoxx, 1,926.25 for Topix, 6,859.87 for FTSE, 11,078.98 for Swiss Market, 7,017.765 for S&P/ASX
Pricing date:	April 20, 2021
Settlement date:	April 27, 2021
Agent:	Citigroup Global Markets Inc.
Fees:	0%
Cusip:	17329FRG1

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