New Issue: Citigroup sells $1 million equity-linked securities on Disney, JPMorgan

By Kiku Steinfeld

Chicago, Sept. 21 – Citigroup Global Markets Holdings Inc. priced $1 million of equity-linked securities due Sept. 15, 2022 tied to the least performing of the shares of JPMorgan Chase & Co. and Walt Disney Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes carry a coupon of 7.3% per year, payable monthly.

If the final level of each asset is at least as great as 60% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for each 1% loss of the worst-performing asset.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Equity-linked securities
Underlying assets:	JPMorgan Chase & Co. and Walt Disney Co.
Amount:	$1 million
Maturity:	Sept. 15, 2022
Coupon:	7.3%, payable monthly
Price:	Par
Payout at maturity:	If the final level of each asset is at least as great as 60% of its initial level, par; otherwise, investors will lose 1% for each 1% loss of the worst-performing asset
Initial levels:	$100.87 for Disney, $133.36 for JPMorgan
Barrier levels:	$60.522 for Disney, $80.016 for JP Morgan, 60% of initial levels
Pricing date:	Sept. 10
Settlement date:	Sept. 15
Agent:	Citigroup Global Markets Inc.
Fees:	0.4%
Cusip:	17328WMH8

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