New Issue: Citigroup sells $1.2 million equity-linked securities on three stocks

By Wendy Van Sickle

Columbus, Ohio, May 6 – Citigroup Global Markets Holdings Inc. priced $1.2 million of equity-linked securities due April 25, 2024 tied to the least performing of the shares of Walt Disney Co., Apple Inc. and Zillow Group, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes carry a coupon of 10.8% per year, payable monthly.

If the final level of each asset is at least as great as 60% of its initial level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline of the least performing stock.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Equity-linked securities
Underlying assets:	Walt Disney Co., Apple Inc. and Zillow Group, Inc.
Amount:	$1.2 million
Maturity:	April 25, 2024
Coupon:	10.8%, payable monthly
Price:	Par
Payout at maturity:	If each asset finishes at or above barrier, par; otherwise, full exposure to decline of least performing stock
Initial levels:	$182.79 for Walt Disney, $133.11 for Apple, $129.20 for Zillow
Barrier levels:	$109.674 for Walt Disney, $79.866 for Apple, $77.52 for Zillow; 60% of initial levels
Pricing date:	April 21
Settlement date:	April 26
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.6%
Cusip:	17329FRF3

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