New Issue: Citigroup sells $1.42 million buffer securities on index basket

By Wendy Van Sickle

Columbus, Ohio, May 27 – Citigroup Global Markets Holdings Inc. priced $1.42 million of 0% buffer securities due May 2, 2025 linked to an unequally weighted basket of three indexes, according to a 424B8 filing with the Securities and Exchange Commission.

The indexes include the Euro Stoxx Select Dividend 30 index with a 30% weight, S&P 500 index with a 50% weight and S&P MidCap 400 index

The notes are guaranteed by Citigroup Inc.

If the basket return is positive, the payout at maturity will be par plus 1.08 times the basket gain. Investors will receive par if the basket falls by up to the 15% buffer and will lose 1% for every 1% that the basket declines beyond the buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Basket components:	Euro Stoxx Select Dividend 30 index (30% weight), S&P 500 index (50% weight) and S&P MidCap 400 index (20% weight)
Amount:	$1,415,000
Maturity:	May 2, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.08 times gain; if basket falls by 15% or less, par; otherwise, 1% loss for every 1% decline beyond 15%
Initial value:	1,852.87 for Euro Stoxx Select, 4,211047 for S&P 500, 2,762.32 for S&P MidCap 400
Buffer value:	85% of initial basket level
Pricing date:	April 29
Settlement date:	May 4
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.75%
Cusip:	17329FLP7

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