New Issue: Citigroup prices $30.64 million buffered notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Oct. 4 – Citigroup Global Markets Holdings Inc. priced $30.64 million of 0% buffered notes due Feb. 1, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus 140% of the index return, subject to a maximum settlement amount of $1,151.20 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered notes
Underlying index:	S&P 500
Amount:	$30,635,000
Maturity:	Feb. 1, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial level, par plus 140% of index return, subject to maximum settlement amount of $1,151.20 per $1,000 principal amount of notes; par if index declines by 10% or less; 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	2,151.13
Buffer level:	1,936.017, 90% of initial level
Pricing date:	Sept. 29
Settlement date:	Oct. 6
Underwriter:	Citigroup Global Markets Inc.
Fees:	None
Cusip:	17324CB47

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