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Published on 12/28/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $986,000 buffer securities tied to Euro Stoxx 50

Chicago, Dec. 30 – Citigroup Global Markets Holdings Inc. priced $986,000 of 0% buffer securities due Dec. 23, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 150% of any index gain, capped at par plus 36.95%. Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Buffer securities
Underlying index:Euro Stoxx 50 index
Amount:$986,000
Maturity:Dec. 23, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain, capped at par plus 36.95%; par if the index falls by up to 15%; 1% loss for every 1% decline beyond 15%
Initial level:3,776.56
Final buffer value:3,210.076, 85% of initial level
Pricing date:Dec. 20
Settlement date:Dec. 26
Agent:Citigroup Global Markets Inc.
Fees:1%
Cusip:17327T5U6

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