New Issue: Citigroup sells $256,000 dual directional buffer securities on S&P 500, ETF

By Wendy Van Sickle

Columbus, Ohio, July 14– Citigroup Global Markets Holdings Inc. priced $256,000 of 0% buffer securities due July 5, 2024 linked to the S&P 500 index and the SPDR Gold Trust, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the least performing asset finishes above its initial level, the payout at maturity will be par plus the gain of that asset, capped at 24%.

If the least-performing asset finishes flat or falls by up to 15%, payout will be par. Otherwise, investors will lose 1% for every 1% decline of the least performing asset beyond 15%.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying assets:	S&P 500 index and SPDR Gold Trust
Amount:	$256,000
Maturity:	July 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain of least performing asset, capped at 24%; if least performing asset falls by up to 15%, par; otherwise, 1% loss for every 1% decline of least performing asset beyond 15%
Initial levels:	3,100.29 for index, $167.37 for ETF
Buffer levels:	2,480.232 for index, $133.896 for ETF, 85% of initial levels
Pricing date:	June 30
Settlement date:	July 6
Agent:	Citigroup Global Markets Inc.
Fees:	1.125%
Cusip:	17328VWD8

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