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Published on 3/15/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $2.17 million autocallable securities on S&P, Russell

By Marisa Wong

Morgantown, W.Va., March 15 – Citigroup Global Markets Holdings Inc. priced $2.17 million of 0% autocallable securities due March 4, 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 10% if each index closes at or above its initial level on any annual observation date.

If the notes are not called, the payout at maturity will be par unless either index finishes below its 60% trigger level, in which case 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:$2,173,000
Maturity:March 4, 2024
Coupon:0%
Price:Par
Payout at maturity:Par unless either index finishes below its trigger level, in which case 1% loss for each 1% decline of the worst performing index from its initial level
Call:Automatically at par plus an annual premium of 10% if each index closes at or above its initial level on any annual observation date
Initial levels:2,784.49 for S&P, 1,575.549 for Russell
Trigger levels:1,670.694 for S&P, 945.329 for Russell, 60% of initial levels
Pricing date:Feb. 28
Settlement date:March 5
Agent:Citigroup Global Markets Inc.
Fees:1.125%
Cusip:17326YV37

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