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Published on 2/15/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $913,910 PLUS due 2020 tied to Russell 2000 index

By Wendy Van Sickle

Columbus, Ohio, Feb. 15 – Citigroup Global Markets Holdings Inc. priced $913,910 of 0% Performance Leveraged Upside Securities due June 3, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, capped at $17.60 per PLUS. Investors will be fully exposed to any index decline.

Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is acting as dealer.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:Russell 2000
Amount:$913,910
Maturity:June 3, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, capped at $17.60 per PLUS; full exposure to losses
Initial level:1,542.943
Pricing date:Feb. 13
Settlement date:Feb. 19
Underwriter:Citigroup Global Markets Inc.
Dealer:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:17326W704

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