New Issue: Citigroup prices $1.41 million market-linked notes on ETF, index basket

By Marisa Wong

Morgantown, W.Va., May 9 – Citigroup Global Markets Holdings Inc. priced $1.41 million of 0% market-linked notes due April 29, 2021 based on a basket of three underliers, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket components are the iShares Core U.S. Aggregate Bond exchange-traded fund with a 50% weight, the S&P 500 index with a 25% weight and the Euro Stoxx 50 index with a 25% weight.

If the basket return is positive, the payout at maturity will be par plus the basket gain.

Otherwise, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked notes
Underlying basket:	iShares Core U.S. Aggregate Bond ETF (50% weight), S&P 500 index (25% weight), Euro Stoxx 50 index (25% weight)
Amount:	$1,406,000
Maturity:	April 29, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket return is positive, par plus the basket gain; otherwise, the payout will be par.
Initial levels:	$110.35 for ETF, 2,091.70 for S&P, 3,121.29 for Euro Stoxx
Pricing date:	April 26
Settlement date:	April 29
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.5%
Cusip:	17324C2F2

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