New Issue: Citi prices $14,000 buffer securities tied to Euro Stoxx 50 index

By Wendy Van Sickle

Columbus, Ohio, Jan. 4 – Citigroup Global Markets Holdings Inc. priced $14,000 of 0% buffer securities due Jan. 5 2021 linked to the Euro Stoxx 50 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 1.9 times any index gain, up to a maximum return of 22%.

Investors will receive par if the index falls by up to 15% and will lose 1% per 1% drop beyond 15%.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Euro Stoxx 50
Amount:	$14,000
Maturity:	Jan. 5, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.9 times index return if index return is positive, subject to 22% cap; par if index declines by up to 15%; 1% loss for every 1% that index declines beyond 15%
Initial index level:	2,937.36
Buffer level:	2,496.756, 85% of initial level
Pricing date:	Dec. 27
Settlement date:	Jan. 2
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.75%
Cusip:	17326YU46

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