New Issue: Citigroup prices $910,000 0% barrier securities linked to Dow, S&P

By Kiku Steinfeld

Chicago, Dec. 12 – Citigroup Global Markets Holdings Inc. priced $910,000 of 0% barrier securities due April 15, 2027 linked to the Dow Jones industrial average and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains, the payout at maturity will be par plus 130% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 60% barrier and will lose 1% for every 1% that the worst performing index declines if it finishes below the barrier.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier securities
Underlying indexes:	Dow Jones industrial average and S&P 500 index
Amount:	$910,000
Maturity:	April 15, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 130% of worst performing index return; par if worst performing index declines but finishes above the 60% barrier; otherwise exposure to decline in worst performing index
Upside leverage:	130%
Cap:	None
Initial levels:	34,308.08 for Dow, 4,412.53 for S&P
Final barriers:	20,584.848 for Dow, 2,647.518 for S&P, 60% of initial level
Call:	Non-callable
Pricing date:	April 11
Settlement date:	April 14
Agent:	Citigroup Global Markets Inc.
Fees:	0.5%
Cusip:	17330FHH7

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