New Issue: Citigroup prices $5.77 million notes linked to Brazilian real, Mexican peso, rupee

By Angela McDaniels

Tacoma, Wash., Feb. 12 – Citigroup Global Markets Holdings Inc. priced $5.77 million of 0% currency-linked notes due Feb. 16, 2021 linked to the performance of a basket of currencies relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket includes equal weights of the Brazilian real, the Mexican peso and the Indian rupee. The notes reflect a bullish position with respect to the basket currencies and a bearish position with respect to the dollar.

If the final basket value is greater than the initial basket value, the payout at maturity will be par plus 19%. If the final basket level is less than or equal to the initial basket level, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Currency-linked notes
Underlying currencies:	Brazilian real, Mexican peso and Indian rupee, equally weighted and each measured relative to dollar
Amount:	$5,767,000
Maturity:	Feb. 16, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If final basket value is greater than initial basket value, par plus 19%; if final basket level is less than or equal to initial basket level, par
Initial exchange rates:	3.7184 for real, 19.06975 for peso and 71.2949 for rupee
Pricing date:	Feb. 8
Settlement date:	Feb. 15
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.25%
Cusip:	17326YZM1

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