New Issue: Citigroup sells $45,000 buffer securities linked to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, March 4 – Citigroup Global Markets Holdings Inc. priced $45,000 of 0% buffer securities due March 4, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 2 times any index gain, up to a maximum payout of par plus 21%. Investors will receive par if the index falls by up to the buffer amount of 10% and will lose 1% for every 1% that the index declines beyond the buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Russell 2000
Amount:	$45,000
Maturity:	March 4, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, up to maximum payout of par plus 21%; par if the index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:	1,581.052
Buffer level:	1,422.947, 90% of initial level
Pricing date:	Feb. 27
Settlement date:	March 4
Agent:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17326Y5C6

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