New Issue: Citigroup prices $545,000 autocallable securities tied to Russell, S&P

By Sarah Lizee

Olympia, Wash., Dec. 6 – Citigroup Global Markets Holdings Inc. priced $545,000 of 0% autocallable securities due Dec. 5, 2023 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The notes will be called at par plus an annual premium of 8% if each index closes at or above its initial level on any quarterly observation date.

If the notes are not called and neither index has closed below its 70% trigger level, the payout at maturity will be par.

Otherwise, investors will lose 1% for each 1% decline of the worst performing index from its initial level.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Autocallable securities
Underlying indexes:	Russell 2000, S&P 500
Amount:	$545,000
Maturity:	Dec. 5, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If notes are not called and indexes close above trigger level, par; otherwise, 1% loss for each 1% decline of the worst performing index from its initial level
Call:	Automatically at par plus an annual premium of 8% if each index closes at or above its initial level on any quarterly observation date
Initial levels:	1,530.384 for Russell, 2,743.79 for S&P
Trigger levels:	1,071.269 for Russell, 1,920.653 for S&P; 70% of initial levels
Pricing date:	Nov. 28
Settlement date:	Nov. 30
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17326YD60

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