New Issue: Citigroup prices $1.3 million barrier securities linked to Dow, Nasdaq, S&P

By Wendy Van Sickle

Columbus, Ohio, Sept. 11 – Citigroup Global Markets Holdings Inc. priced $1.3 million of 0% barrier securities due Sept. 5, 2025 linked to the worst performing of the Dow Jones industrial average, the Nasdaq-100 index and the S&P 500 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 plus1.3 times the return of worst performing index if all three underliers finish above their initial levels.

If the worst performer declines, but not more than 50%, the payout at maturity will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing index.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier securities
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 and the S&P 500
Amount:	$1.3 million
Maturity:	Sept. 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.3 times return of worst performing index, if all finish positive; par if worst performer declines, but not more than 30%; otherwise full exposure to decline of worst performer
Initial index levels:	28,430.05 for Dow, 12,110.7 for Nasdaq, 3,500.31 for S&P 500
Barrier levels:	14,215.025 for Dow, 6,055.35 for Nasdaq, 1,750.155 for S&P 500; 50% of initial levels
Pricing date:	Aug. 31
Settlement date:	Sept. 3
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.125%
Cusip:	17328WL71

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