New Issue: Citigroup sells $18.3 million trigger jump securities on S&P 500

By Wendy Van Sickle

Columbus, Ohio, July 13 – Citigroup Global Markets Holdings Inc. priced $18.3 million of 0% trigger jump securities due July 19, 2023 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.

If the index finishes at or above the trigger level, 80% of the initial level, the payout at maturity will be par plus 9.25%. Otherwise, investors will be fully exposed to the index’s decline from its initial level.

Citigroup Global Markets Inc. is the agent, with Morgan Stanley Wealth Management as dealer.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Trigger jump securities
Underlying index:	S&P 500 index
Amount:	$18,298,110
Maturity:	July 19, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index finishes at or above trigger level, par plus 9.25%; otherwise, full exposure to index’s decline from initial level
Initial level:	3,785.38
Trigger level:	3,028.304; 80% of initial level
Pricing date:	June 30
Settlement date:	July 6
Agent:	Citigroup Global Markets Inc.
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	17330N146

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