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Published on 10/21/2020 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $747,000 market-linked notes tied to Citi Dynamic Asset

By Kiku Steinfeld

Chicago, Oct. 21 – Citigroup Global Markets Holdings Inc. priced $747,000 of 0% market-linked notes due Oct. 3, 2025 linked to the Citi Dynamic Asset Selector 5 Excess Return 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 100% of any index gain. If the index finishes flat or falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Market-linked notes
Underlying index:Citi Dynamic Asset Selector 5 Excess Return
Amount:$747,000
Maturity:Oct. 3, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus 100% of any index gain; par if index declines
Initial index level:233.48
Pricing date:Sept. 30
Settlement date:Oct. 5
Underwriter:Citigroup Global Markets Inc.
Fees:1.125%
Cusip:17328WCK2

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