New Issue: Citigroup prices $2.67 million buffered notes linked to MSCI EAFE

By Marisa Wong

Morgantown, W.Va., March 21 – Citigroup Global Markets Holdings Inc. priced $2.67 million of 0% buffered index-linked notes due Feb. 20, 2020 tied to the MSCI EAFE 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 160% of the index return, capped at par plus 24%. Investors will receive par if the index falls by up to 12.5% and lose 1.1429% for every 1% decline in the index beyond 12.5%.

Citigroup Global Markets Holdings Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered index-linked notes
Underlying index:	MSCI EAFE
Amount:	$2,665,000
Maturity:	Feb. 20, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 160% of index return, capped at par plus 24%; par if index falls by up to 12.5%; 1.1429% loss for every 1% decline in index beyond 12.5%
Initial index level:	2,047.89
Pricing date:	March 15
Settlement date:	March 22
Underwriter:	Citigroup Global Markets Holdings Inc.
Fees:	None
Cusip:	17324CT97

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