New Issue: Citigroup prices $898,000 barrier securities on Nasdaq, two funds

By Wendy Van Sickle

Columbus, Ohio, May 27 – Citigroup Global Markets Holdings Inc. priced $898,000 of 0% barrier securities due May 27, 2025 linked to the worst performing of the Technology Select Sector SPDR fund, the Nasdaq-100 index and the SPDR S&P Biotech exchange-traded fund, 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 235% of the worst performing asset if all three underliers finish above their initial level.

If the worst performer declines, but not more than 40%, the payout at maturity will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing asset.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier securities
Underlying assets:	Technology Select Sector SPDR fund, Nasdaq-100 and the SPDR S&P Biotech ETF
Amount:	$898,000
Maturity:	May 27, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 235% of return of worst performing asset, if all three finish positive; par if worst performer declines, but not more than 40%; otherwise full exposure to decline of worst performer
Initial index levels:	$96.14 for Technology Select, 9,377.992 for Nasdaq, $104.79 for biotech fund 2000
Barrier levels:	$57.684 for Technology Select, 5,626.795 for Nasdaq, $62.874 for biotech fund; 60% of initial levels
Pricing date:	May 21
Settlement date:	May 27
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.125%
Cusip:	17328VLZ1

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