New Issue: Citigroup prices $1.61 million market-linked notes on S&P 500

By Kiku Steinfeld

Chicago, Feb. 14 – Citigroup Global Markets Holdings Inc. priced $1.61 million of 0% market-linked securities – upside participation to a cap and fixed percentage buffered downside due Sept. 3, 2027 linked to the S&P 500 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 index gain, subject to a maximum return of 55%. If the index finishes flat or falls, the payout will be par plus the index return, subject to a maximum loss of 15%.

Citigroup Global Markets Inc. and Wells Fargo Securities LLC are the agents.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked securities – upside participation to a cap and fixed percentage buffered downside
Underlying index:	S&P 500
Amount:	$1,608,000
Maturity:	Sept. 3, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, subject to maximum return of 55%; otherwise, par plus the index return, subject to maximum loss of 15%
Initial level:	4,522.68
Buffer level:	3,844.278, 85% of initial level
Pricing date:	Aug. 31
Settlement date:	Sept. 3
Agents:	Citigroup Global Markets Inc. and Wells Fargo Securities LLC
Fees:	4.25%
Cusip:	17329QAU4

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