New Issue: Citigroup sells $500,000 barrier securities linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, March 25 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% barrier securities due March 21, 2025 linked to the S&P 500 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 175% of any index gain. If the index falls by up to 15%, the payout will be par. Otherwise, investors will be fully exposed to the index decline.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier securities
Underlying index:	S&P 500
Amount:	$500,000
Maturity:	March 21, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 175% of any index gain; par if index falls by up to 15%; otherwise, full exposure to losses
Initial level:	2,529.19
Barrier level:	2,149.812, 85% of initial level
Pricing date:	March 18
Settlement date:	March 23
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.6%
Cusip:	17328VGC8

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