New Issue: Citigroup prices $13.51 million 7.75% single observation ELKS tied to two indexes

By Wendy Van Sickle

Columbus, Ohio, Dec. 29 – Citigroup Global Markets Holdings Inc. priced $13.51 million of 7.75% annualized single observation Equity Linked Securities due April 25, 2025 linked to the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless the final level of the lesser performing index is less than 80% of its initial level, in which case investors will lose 1.25% for each 1% loss of laggard index beyond 20%.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Single observation Equity Linked Securities
Underlying index:	Nasdaq-100 index and Russell 2000 index
Amount:	$13.51 million
Maturity:	April 25, 2025
Coupon:	7.75% annual rate, payable monthly
Price:	Par of $1,000
Payout at maturity:	Par unless final level of laggard index is less than 80% of initial level, in which case 1.25% loss for each 1% decline of laggard index beyond 20%
Initial levels:	16,554.16 for Nasdaq, 1,982.836 for Russell
Buffer levels:	13,243.328 for Nasdaq, 1,586.269 for Russell; 80% of initial levels
Pricing date:	Dec. 21
Settlement date:	Dec. 27
Underwriter:	Citigroup Global Markets Inc.
Fees:	0%
Cusip:	17291TME5

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