New Issue: Citigroup prices $1.01 million autocallable securities on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, Feb. 28 – Citigroup Global Markets Holdings Inc. priced $1.01 million of 0% autocallable securities due Feb. 5, 2024 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

The notes will be called at par plus an annual premium of 7% if each index closes at or above its initial level on any semiannual observation date.

If the notes are not called and neither index has closed below its 60% trigger level, the payout at maturity will be par.

Otherwise, investors will lose 1% for each 1% decline of the worst performing index from its initial level.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Autocallable securities
Underlying indexes:	Russell 2000, S&P 500
Amount:	$1,006,000
Maturity:	Feb. 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If notes are not called and indexes close above trigger level, par; otherwise, 1% loss for each 1% decline of the worst performing index from its initial level
Call:	Automatically at par plus an annual premium of 7% if each index closes at or above its initial level on any semiannual observation date
Initial levels:	1,588.805 for Russell, 2,796.11for S&P
Trigger levels:	953.283 for Russell, 1,677.666 for S&P, 60% of initial levels
Pricing date:	Feb. 25
Settlement date:	Feb. 28
Agent:	Citigroup Global Markets Inc.
Fees:	4.125%
Cusip:	17326YW28

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