New Issue: Citi prices $95,000 five-year market-linked notes on S&P 500, Russell

By Susanna Moon

Chicago, Aug. 9 – Citigroup Global Markets Holdings Inc. priced $95,000 of 0% market-linked notes due Aug. 3, 2023 linked to the worse performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 120% of the gain of the worse performing index.

If either index falls, the payout will be par plus the return of the worse performing index with investors exposed to 10% of losses.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$95,000
Maturity:	Aug. 3, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gain, par plus 120% of return of worse performing index; if either index falls, par plus return of worse performing index with floor of 90% of par
Initial levels:	2,816.29 for S&P, 1,670.805 for Russell
Pricing date:	July 31
Settlement date:	Aug. 3
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.125%
Cusip:	17324CX27

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