New Issue: Citigroup sells $6.86 million buffered equity notes on index basket

By Marisa Wong

Morgantown, W.Va., March 13 – Citigroup Global Markets Holdings Inc. priced $6.86 million of 0% notes due Sept. 28, 2018 linked to a 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 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par of $1,000 plus 1.6 times the basket gain, subject to a maximum payout of $1,265.60. If the basket finishes flat or falls by up to 12.5%, the payout will be par. If the basket falls by more than 12.5%, investors will lose 1.1429% for each 1% decline beyond 12.5%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Notes
Underlying indexes:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$6,857,000
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 1.6 times any basket gain, capped at 26.56%; par if basket falls by up to 12.5%; 1.1429% loss for each 1% decline beyond 12.5%
Initial levels:	3,389.62 for Euro Stoxx, 7,334.61 for FTSE, 1,550.25 for Topix, 8,626.65 for Swiss Market and 5,759.659 for S&P/ASX
Pricing date:	March 8
Settlement date:	March 15
Agent:	Citigroup Global Markets Inc.
Fees:	None
Cusip:	17324CFT8

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