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Published on 4/12/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $980,000 market-linked notes tied to index basket

By Wendy Van Sickle

Columbus, Ohio, April 12 – Citigroup Global Markets Holdings Inc. priced $980,000 of 0% market-linked notes due April 14, 2022 linked to an equally weighted basket of the S&P 500 index and the Russell 2000 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 the basket return up to 20% Investors will be exposed to the first 5% of any loss, subject to a floor of 95% par.

Citigroup Global Markets Inc. is the underwriter.

.

Guarantor:Citigroup Inc.
Issue:Market-linked notes
Underlying basket:S&P 500 index and Russell 2000 index; equally weighted
Amount:$980,000
Maturity:April 14, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain up to 20%, exposure to first 5% of any loss; floor of 95% of par
Initial levels:2,888.21 for S&P, 1,581.551 for Russell
Pricing date:April 10
Settlement date:April 15
Underwriter:Citigroup Global Markets Inc.
Fees:1%
Cusip:17326YQL3

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