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Published on 5/3/2021 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $5.61 million trigger PLUS linked to Stoxx

Chicago, May 3 – Citigroup Global Markets Holdings Inc. priced $5.61 million of 0% trigger Performance Leveraged Upside Securities due March 24, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup, Inc.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par of $10 plus 500% of the index return, subject to a cap of par plus 75%. If the index declines by 15% or less, the payout will be par. If the index declines by more than 15%, investors will lose 1% for every 1% that the index declines from its initial level.

Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is a dealer.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Trigger Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$5,614,930
Maturity:March 24, 2026
Coupon:0%
Price:Par of $10
Payout at maturity:If final index level is greater than initial index level, par plus 500% of index return, capped at par plus 75%; if final index level is less than initial index level but greater than or equal to trigger level, par; if final index level is less than trigger level, 1% loss for every 1% that index declines from initial level
Initial index level:3,837.02
Trigger level:3,261.467, 85% of initial level
Pricing date:March 19
Settlement date:March 24
Underwriter:Citigroup Global Markets Inc.
Selected dealer:Morgan Stanley Wealth Management
Fees:3.5%
Cusip:17329B699

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