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Published on 9/9/2020 in the Prospect News Structured Products Daily.

New Issue: Citi sells $100,000 barrier securities on Euro Stoxx Select Dividend

By Marisa Wong

Los Angeles, Sept. 9 – Citigroup Global Markets Holdings Inc. priced $100,000 of 0% barrier securities due Aug. 29, 2030 linked to the Euro Stoxx Select Dividend 30 index, 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 3 times any index gain. If the index falls by up to 40%, the payout will be par. Otherwise, investors will be fully exposed to the index decline.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier securities
Underlying index:Euro Stoxx Select Dividend 30 index
Amount:$100,000
Maturity:Aug. 29, 2030
Coupon:0%
Price:Par
Payout at maturity:Par plus 3 times any index gain; par if index falls by up to 40%; otherwise, full exposure to losses
Initial level:1,452.61
Barrier level:871.566, 60% of initial level
Pricing date:Aug. 27
Settlement date:Aug. 31
Underwriter:Citigroup Global Markets Inc.
Fees:5%
Cusip:17328WC30

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