New Issue: Citigroup prices $1.01 million buffer securities due 2018 tied to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Dec. 22 – Citigroup Global Markets Holdings Inc. priced $1.01 million of 0% buffer securities due Dec. 23, 2021 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 index return is positive, the payout at maturity will be par plus the index return. Investors will receive par if the index falls by up to the buffer amount of 15% and will lose 1% for every 1% that the index declines beyond the buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	S&P 500
Amount:	$1,014,000
Maturity:	Dec. 23, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus index return; if final index level is equal to or less than initial index level by 15% or less, par; if final index level is less than initial index level by more than 15%, 1% loss for every 1% that index declines beyond 15%
Initial level:	2,270.76
Pricing date:	Dec. 20
Settlement date:	Dec. 23
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17324CCY0

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