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Published on 7/10/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $510,000 market-linked notes tied to Dow, Stoxx basket

By Wendy Van Sickle

Columbus, Ohio, July 10 – Citigroup Global Markets Holdings Inc. priced $510,000 of 0% market-linked notes — upside participation to a cap and principal return at maturity due July 3, 2024 linked to an equally weighted basket composed of the Dow Jones industrial average and the Euro Stoxx 50, 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 basket gain, up to a maximum payout of par plus 35%. If the basket finishes flat or falls, the payout will be par.

Citigroup Global Markets Inc. and Wells Fargo Securities are the underwriters.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Market-linked notes — upside participation to a cap and principal return at maturity
Underlying basket:Dow Jones industrial average and Euro Stoxx 50 index, equally weighted
Amount:$510,000
Maturity:July 3, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain up to 35%; par if basket finishes flat or falls
Initial levels:26,599.96 for Dow, 3,473.69 for Stoxx
Pricing date:June 28
Settlement date:July 3
Agents:Citigroup Global Markets Inc. and Wells Fargo Securities
Fees:3.53%
Cusip:17326YAH9

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