By Taylor Fox
Chicago, July 24 – Citigroup Global Markets Holdings Inc. priced $117,000 of 0% market-linked securities with leveraged upside participation and contingent downside due July 22, 2026 linked to the Dow Jones industrial average, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par of $10 plus 120% times the underlying return.
If the index finishes flat or declines by not more than 30%, investors will receive par.
If the index finishes under the 70% barrier value, investors will be fully exposed to the losses of the index.
Citigroup Global Markets Inc. is the agent. Wells Fargo Securities, LLC is the dealer.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Market-linked securities with leveraged upside participation and contingent downside
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| Underlying index: | Dow Jones industrial average
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| Amount: | $117,000
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| Maturity: | July 22, 2026
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 120% of index return if positive; par if the index finishes flat or declines by not more than 30%; if the index finishes under the barrier value, full exposure to losses
|
| Initial index level: | 26,671.95
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| Barrier level: | 18,670.365
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| Pricing date: | July 17
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| Settlement date: | July 22
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| Agent: | Citigroup Global Markets Inc.
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| Dealer: | Wells Fargo Securities, LLC
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| Fees: | 3.24%
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| Cusip: | 17328W2Q0
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