New Issue: Citigroup sells $380,000 barrier securities linked to S&P 500

By Kiku Steinfeld

Chicago, Nov. 13 – Citigroup Global Markets Holdings Inc. priced $380,000 of 0% barrier securities due Oct. 30, 2025 linked to 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 plus 1.12 times any index gain. If the index falls by up to 25%, 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:	S&P 500
Amount:	$380,000
Maturity:	Oct. 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.12 times any index gain; par if index falls by up to 25%; otherwise, full exposure to losses
Initial level:	3,390.68
Barrier level:	2,543.01, 75% of initial level
Pricing date:	Oct. 27
Settlement date:	Oct. 30
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.5%
Cusip:	17328WZA9

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