New Issue: Citi prices $760,000 equity index basket-linked notes

By Taylor Fox

New York, Nov. 5 – Citigroup Global Markets Holdings Inc. priced $760,000 of 0% equity index basket-linked notes due Aug. 10, 2022 linked to an unequally weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is flat or positive, the payout will be par plus three times the return, capped at $1,267 per $1,000 of notes.

Otherwise, investors will lose 1% for every 1% decline of the basket.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Equity index basket-linked notes
Underlying basket:	Euro Stoxx 50 (36% weight), Topix (29% weight), FTSE 100 (16% weight), Swiss Market (11% weight) and S&P/ASX 200 (8% weight)
Amount:	$760,000
Maturity:	Aug. 10, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket return is flat or positive, par plus three times the return, capped at $1,267 per $1,000 of notes; otherwise, 1% loss for every 1% decline of the basket
Initial index levels:	3,255.76 for Stoxx, 1,655.47 for Topix, 5,978.03 for FTSE, 10,270.24 for Swiss and 6,102.042 for S&P/ASX
Pricing date:	Oct. 8
Settlement date:	Oct. 16
Agent:	Citigroup Global Markets Inc.
Fees:	0%
Cusip:	17328WYH5

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