New Issue: Citigroup sells $1.8 million market-linked notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, May 3 – Citigroup Global Markets Holdings Inc. priced $1.8 million of 0% market-linked notes due Oct. 30, 2024 linked to the S&P 500 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 any index gain, subject to a maximum payout of par plus 40%. If the index falls, investors will be exposed to the first 5% of the loss, subject to a minimum payout of 95% par.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked notes
Underlying index:	S&P 500 index
Amount:	$1,801,000
Maturity:	Oct. 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, subject to 40% maximum gain; if the index falls, exposure to the first 5% of the loss
Initial level:	2,926.17
Pricing date:	April 25
Settlement date:	April 30
Agent:	Citigroup Global Markets Inc.
Fees:	4.125%
Cusip:	17326YFQ4

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