New Issue: Citigroup prices $2.73 million market linked notes on commodity basket

By William Gullotti

Buffalo, N.Y., May 12 – Citigroup Global Markets Holdings Inc. priced $2.73 million of 0% market linked notes due July 12, 2024 linked to the performance of an equally-weighted basket of eight commodities, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of West Texas Intermediate light sweet crude oil futures contracts, Brent crude oil, natural gas futures, corn, soybeans, wheat, copper and zinc.

If the basket finishes positive, the payout at maturity will be par plus 1.3 times the basket gain.

Otherwise, investors will receive par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market linked notes
Underlying assets:	West Texas Intermediate light sweet crude oil futures contracts, Brent crude oil, natural gas futures, corn, soybeans, wheat, copper, zinc; equal weights
Amount:	$2,728,000
Maturity:	July 12, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes positive, par plus 1.3 times basket gain; otherwise, par
Initial prices:	$103.09 for WTI, $105.94 for Brent, $7.026 for natural gas, $772.00 for corn, $1,585.25 for soybeans, $1,092.75 for wheat, $9,160.00 for copper, $3,655.00 for zinc
Pricing date:	May 9
Settlement date:	May 12
Agents:	Citigroup Global Markets Inc. and UBS Financial Services Inc.
Fees:	None
Cusip:	17330FSV4

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