New Issue: Citigroup sells $10 million equity-linked securities on three stocks

By Sarah Lizee

Olympia, Wash., Aug. 7 – Citigroup Global Markets Holdings Inc. priced $10 million of equity-linked securities due Aug. 3, 2022 tied to the least performing of the shares of Amazon.com, Inc., AstraZeneca plc and Walt Disney Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes carry a coupon of 10% per year, payable monthly.

If the final level of each asset is at least as great as 60% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for each 1% loss of the worst-performing asset.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Equity-linked securities
Underlying assets:	Amazon.com, Inc., AstraZeneca plc and Walt Disney Co.
Amount:	$10 million
Maturity:	Aug. 3, 2022
Coupon:	10%, payable monthly
Price:	Par
Payout at maturity:	If the final level of each asset is at least as great as 60% of its initial level, par; otherwise, investors will lose 1% for each 1% loss of the worst-performing asset
Initial levels:	$3,000.33 for Amazon, $56.32 for AstraZeneca, $116.18 for Disney
Buffer levels:	$1,800.198 for Amazon, $33.792 for AstraZeneca, $69.708 for Disney, 60% of initial levels
Pricing date:	July 29
Settlement date:	Aug. 3
Agent:	Citigroup Global Markets Inc.
Fees:	0.32%
Cusip:	17328W7H5

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