Citigroup plans to price autocallable securities linked to Russell, S&P

By Emma Trincal

New York, July 30 – Citigroup Global Markets Holdings Inc. plans to price 0% autocallable securities due Aug. 25, 2025 linked to the worst performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If each index closes at or above its initial level on any annual valuation date, the notes will be called at par plus an annualized call premium of 9.25%.

If each index finishes at or above its initial level, the payout at maturity will be par plus 37%, the premium applicable to the final valuation date.

If the least performing index falls but not below the trigger level, 70% of the initial level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the worst performing index from its initial level.

Citigroup Global Markets Inc. is the agent.

The notes will price on Aug. 20 and settle on Aug. 25.

The Cusip number is 17329QFZ8.

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