New Issue: Citigroup sells $1.38 million buffer securities on unequally weighted S&P, MSCI EAFE basket

Chicago, Nov. 20 – Citigroup Global Markets Holdings Inc. priced $1.38 million of 0% buffer securities due Nov. 18, 2021 linked to an unequally weighted basket containing the S&P 500 index with an 80% weight and the iShares MSCI EAFE ETF with a 20% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the basket return is positive, the payout at maturity will be par plus 125% of the basket gain, up to a maximum return of 30.75%. Investors will receive par if the basket falls by up to the 20% buffer and will lose 1% for every 1% that the basket declines beyond the buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Basket components:	S&P 500 index (80% weight) and the iShares MSCI EAFE ETF (20% weight)
Amount:	$1,375,000
Maturity:	Nov. 18, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.25 times the gain, up to a 30.75% maximum gain; if basket falls by 20% or less, par; otherwise, 1% loss for every 1% decline beyond 20%
Initial values:	2,722.18 for S&P, $62.64 for EAFE ETF
Pricing date:	Nov. 13
Settlement date:	Nov. 16
Agent:	Citigroup Global Markets Inc.
Fees:	0.75%
Cusip:	17326YWC6

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