New Issue: Citigroup sells $2.75 million capped buffer gears linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Dec. 6 – Citigroup Global Markets Holdings Inc. priced $2.75 million of 0% trigger gears due Nov. 29, 2019 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 greater than zero, the payout at maturity will be par of $10 plus two times the index return, subject to a maximum gain of 13%. Investors will receive par if the index declines by 10% or less and lose 1% for every 1% that the index may decline beyond 10%.

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

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Capped buffer gears
Underlying index:	S&P 500 index
Amount:	$2,751,400
Maturity:	Nov. 29, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times the index return, subject to a maximum gain of 13%; par if the index declines by 10% or less; 1% loss for every 1% that the index may decline beyond 10%
Initial level:	2,601.42
Downside threshold:	2,341.278, 90% of initial level
Pricing date:	Nov. 27
Settlement date:	Nov. 30
Agents:	UBS Financial Services Inc. and Citigroup Global Markets Inc.
Fees:	2%
Cusip:	17325K594

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