New Issue: Citigroup sells $1.58 million contingent market-linked autocalls on indexes

By Wendy Van Sickle

Columbus, Ohio, June 9 – Citigroup Global Markets Holdings Inc. priced $1.58 million of market-linked securities due May 27, 2027 – autocallable with contingent coupon and contingent downside linked to the least performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes will pay a contingent quarterly coupon at an annual rate of 7.5% if each index closes at or above its 70% coupon threshold on the observation date for that quarter.

The notes will be called at par if each index closes at or above its initial level on any quarterly observation date after a year.

The payout at maturity will be par unless any index finishes below its 70% downside threshold, in which case the payout will be par plus the return of the worst performing index with full exposure to any losses.

Wells Fargo Securities, LLC and Citigroup Global Markets Inc. are the agents.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market linked securities – autocallable with contingent coupon and contingent downside
Underlying indexes:	S&P 500 index, Russell 2000 index and Dow Jones industrial average
Amount:	$1,582,000
Maturity:	May 27, 2027
Coupon:	7.5% annualized, payable quarterly if each index closes at or above coupon threshold on observation date for that quarter
Price:	Par
Payout at maturity:	Par unless any index falls by more than downside threshold, in which case 1% loss per 1% decline of worst performing index
Call:	At par if each index closes at or above its initial level on any interest payment date after a year
Initial levels:	3,044.31 for S&P, 1,394.035 for Russell, 25,383.11 for Dow
Coupon thresholds:	2,131.017 for S&P, 975.8245 for Russell, 17,768.177 for Dow; 70% of initial levels
Downside thresholds:	2,131.017 for S&P, 975.8245 for Russell, 17,768.177 for Dow; 70% of initial levels
Pricing date:	May 29
Settlement date:	June 3
Agents:	Wells Fargo Securities, LLC and Citigroup Global Markets Inc.
Fees:	2.925%
Cusip:	17328VJP6

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