New York, Oct. 11 – Citigroup Global Markets Holdings Inc. priced $1.15 million of 0% dual directional buffer securities due Oct. 3, 2025 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index gains, the payout will be par plus 102.2% of that index return.
The payout will be par plus the absolute value of the worst performing index return if the worst performing index declines no more than 15%.
Otherwise, investors will lose 1% for every 1% that the worst performing index declines beyond 15%.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Dual directional buffer securities
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| Underlying indexes: | Russell 2000 index and S&P 500 index
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| Amount: | $1,153,000
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| Maturity: | Oct. 3, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If worst performing index gains, par plus 102.2% of that index return; par plus absolute value of worst performing index return if worst performing index declines no more than 15%; otherwise, 1% loss for every 1% that worst performing index declines beyond 15%
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| Initial levels: | 1,664.716 for Russell 2000 index, 3,585.62 for S&P 500 index
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| Upside leverage: | 102.2%
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| Buffer: | 15%
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| Pricing date: | Sept. 30
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| Settlement date: | Oct. 5
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 2.95%
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| Cusip: | 17330RLG8
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