New Issue: Citigroup prices $3.66 million trigger gears linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., June 3 – Citigroup Global Markets Holdings Inc. priced $3.66 million of 0% trigger gears due May 29, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 2 times the index return. Investors will receive par if the index declines by 35% or less and will be fully exposed to the index’s decline from its initial level if it declines by more than 35%.

Citigroup Global Markets Inc. and UBS Financial Services Inc. are the agents.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Trigger gears
Underlying index:	Euro Stoxx 50
Amount:	$3,658,430
Maturity:	May 29, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is greater than zero, par plus 2 times the index return; par if the index declines by 35% or less; full exposure to the index’s decline from its initial level if it declines by more than 35%
Initial index level:	3,071.21
Downside threshold:	1,996.29, 65% of initial level
Pricing date:	May 26
Settlement date:	May 31
Agents:	Citigroup Global Markets Inc. and UBS Financial Services Inc.
Fees:	5%
Cusip:	17324P222

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