New Issue: Citigroup prices $4.04 million equity index basket-linked notes

By William Gullotti

Buffalo, N.Y., Aug. 9 – Citigroup Global Markets Holdings Inc. priced $4.04 million of 0% equity index basket-linked notes due Jan. 30, 2025 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 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with an 12% weight and the S&P/ASX 200 index with an 9% weight.

If the basket return is flat or positive, the payout will be par plus 171.01% of the basket return.

Investors will be fully exposed to any basket decline.

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 (26% weight), FTSE 100 (17% weight), Swiss Market (12% weight), S&P/ASX 200 (9% weight)
Amount:	$4,037,000
Maturity:	Jan. 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket return is zero or positive, par plus 171.01% of the return; otherwise, 1% loss for every 1% decline of the basket from initial level
Initial index levels:	4,447.44 for Stoxx, 2,295.14 for Topix, 7,692.76 for FTSE, 11,373.21 for Swiss Market, 7,455.917 for S&P/ASX
Pricing date:	July 27
Settlement date:	Aug. 3
Agent:	Citigroup Global Markets Inc.
Fees:	1.51%
Cusip:	17291RUL4

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