New Issue: Citigroup prices $1.61 million buffer notes linked to S&P, Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Sept. 29 – Citigroup Global Markets Holdings Inc. priced $1.61 million of 0% buffer securities due Oct. 1, 2020 linked to the lesser performing of the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final level of the lesser-performing index is greater than or equal to its initial level, the payout at maturity will be par plus 130% of the lesser-performing index’s return, subject to a maximum return of 45%. Investors will receive par if the lesser-performing index declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying indexes:	S&P 500 and Euro Stoxx 50
Amount:	$1.61 million
Maturity:	Oct. 1, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of lesser-performing index is greater than or equal to initial level, par plus 130% of lesser-performing index’s return, subject to 45% maximum return; par if lesser-performing index declines by 20% or less; 1% loss for every 1% that lesser-performing index declines beyond 20%
Initial index levels:	2,496.84 for S&P 500 and 3,536.38 for Euro Stoxx 50
Pricing date:	Sept. 26
Settlement date:	Sept. 29
Underwriter:	Citigroup Global Markets Inc.
Fees:	2%
Cusip:	17324CM29

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