New Issue: Citigroup prices $1 million 1% market-linked notes linked to Euro Stoxx

By Susanna Moon

Chicago, Oct. 7 – Citigroup Inc. priced $1 million of 1% market-linked notes due Oct. 7, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable annually.

The payout at maturity will be par plus any index gain, up to a maximum return of 50%. The average index return will be the average of the percentage changes in the closing level of the underlying index from pricing to each of the four quarterly valuation dates in the final year of the notes.

If the index falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Market-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$1 million
Maturity:	Oct. 7, 2021
Coupon:	1%, payable annually
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 50% and floor of par; return will be arithmetic average of the interim index return percentages as measured on Jan. 4, 2021, April 5, 2021, July 6, 2021 and Oct. 4, 2021
Initial level:	3,133.37
Pricing date:	Oct. 3
Settlement date:	Oct. 8
Underwriter:	Citigroup Global Markets Inc.
Fees:	2%
Cusip:	1730T0Z85

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