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Published on 2/6/2017 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $3.84 million contingent buffered notes on Stoxx Europe

By Marisa Wong

Morgantown, W.Va., Feb. 6 – Citigroup Global Markets Holdings Inc. priced $3.84 million of 0% contingent buffered notes due June 1, 2018 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 169% of any index gain. If the index finishes flat or falls but finishes at or above the 90% barrier level, the payout will be par. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Citigroup Global Markets Inc. is the underwriter with JPMorgan Chase Bank NA and J.P. Morgan Securities LLC as placement agents.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Contingent buffered notes
Underlying index:Stoxx Europe 600
Amount:$3.84 million
Maturity:June 1, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 169% of any index gain; if index finishes flat or falls but finishes at or above barrier level, par; otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level
Initial level:366.38
Barrier level:329.742, 90% of initial level
Pricing date:Jan. 27
Settlement date:Feb. 1
Underwriter:Citigroup Global Markets Inc. with JPMorgan Chase Bank NA and J.P. Morgan Securities LLC as placement agents
Fees:1.16%
Cusip:17324CEG7

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