New Issue: Citigroup sells $2.24 million market-linked notes tied to index basket

By Devika Patel

Knoxville, Tenn., Dec. 27 – Citigroup Global Markets Holdings Inc. priced $2,239,000 of 0% market-linked notes due Oct. 23, 2020 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 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 340% of any basket gain, capped at par plus 71.332%.

Investors will lose 1% for each 1% decline.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked notes
Underlying basket:	Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight
Amount:	$2,239,000
Maturity:	Oct. 23, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 340% of any basket gain, capped at par plus 71.332%; if the basket declines, 1% loss for each 1% decline
Initial levels:	3,000.61 for Euro Stoxx, 1,488.19 for Topix, 6,721.17 for FTSE, 8,417.29 for Swiss Market, 5,467.639 for S&P/ASX
Pricing date:	Dec. 21
Settlement date:	Dec. 31
Underwriter:	Citigroup Global Markets Inc.
Fees:	None
Cusip:	17326YH74

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