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Published on 2/17/2021 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $764,000 index-linked notes on Stoxx Europe 600

By Kiku Steinfeld

Chicago, Feb. 17 – Citigroup Global Markets Holdings Inc. priced $764,000 of 0% index-linked notes due Feb. 8, 2023 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the index return is zero or positive, the payout at maturity will be par plus the greater of the index gain and 14.83%.

If the index declines, the payout will be par plus the index return.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Index-linked notes
Underlying index:Stoxx Europe 600
Amount:$764,000
Maturity:Feb. 8, 2023
Coupon:0%
Price:Par
Payout at maturity:If index return is zero or positive, par plus greater of index gain and 14.83%; if index declines, 1% loss for each 1% decline
Initial level:409.54
Pricing date:Feb. 4
Settlement date:Feb. 11
Underwriter:Citigroup Global Markets Inc.
Fees:2%
Cusip:17328YPP3

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