New Issue: Citigroup sells $1.13 million of buffer securities on index basket

By Wendy Van Sickle

Columbus, Ohio, Nov. 11 – Citigroup Global Markets Holdings Inc. priced $1.13 million of 0% buffer securities due June 9, 2027 linked to an equally weighted index basket consisting of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 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 any basket gain.

Investors will receive par if the basket falls by up to 25% and will lose 1% for every 1% that the basket declines beyond 25%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying indexes:	S&P 500 index, Russell 2000 index, Euro Stoxx 50 index, equal weights
Amount:	$1,126,000
Maturity:	June 9, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of the basket is greater than or equal to its initial level, par plus the return of the basket; if the final level of the basket is less than its initial level but greater than or equal to its buffer level, par; otherwise, investors will lose 1% for every 1% that the basket declines beyond 25%.
Initial levels:	4,680.06 for S&P, 2,402.432 for Russell, 4,333.34 for Stoxx
Buffer level:	75% of initial level
Pricing date:	Nov. 4
Settlement date:	Nov. 9
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.25%
Cusip:	17329UJ93

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