New Issue: Citigroup sells $17.13 million buffer securities linked to index, ETF basket

By Wendy Van Sickle

Columbus, Ohio, Feb. 5 – Citigroup Global Markets Holdings Inc. priced $17.13 million of 0% buffer securities due March 5, 2020 linked to an unequally weighted basket of the S&P 500 index, the iShares MSCI EAFE ETF with an 18.5% weight and the iShares MSCI Emerging Markets ETF with an 18.5% weight, 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 1.5 times any basket gain, up to maximum payout of par plus 12.8%. Investors will receive par if the basket falls by up to 10% and will lose 1% for every 1% that the basket declines beyond the buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying basket:	S&P 500 index (63% weight), iShares MSCI EAFE ETF (18.5% weight) and iShares MSCI Emerging Markets ETF (18.5% weight)
Amount:	$17,133,000
Maturity:	March 5, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any basket gain, up to maximum payout of par plus 12.8%; par if basket falls by up to 10%; 1% loss for every 1% decline beyond 10% buffer
Initial index levels:	2,704.10 for S&P, $62.68 for EAFE, $43.10 for Emerging Markets
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Agent:	Citigroup Global Markets Inc.
Fees:	0.25%
Cusip:	17326YJT4

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