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Published on 5/7/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $498,000 autocallable securities on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, May 7 – Citigroup Global Markets Holdings Inc. priced $498,000 of 0% autocallable securities due April 30, 2024 linked to the worst performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Global Markets Inc.

The notes are called at par plus a premium of 6.5% per year if each asset closes at or above its initial level on any annual call determination date.

If the notes are not called, the payout at maturity will be par unless any underlying asset finishes below its 60% trigger level, in which case investors will be fully exposed to any losses of the worst performing asset.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Global Markets Inc.
Issue:Autocallable securities
Underlying assets:S&P 500 index, Russell 2000 index
Amount:$498,000
Maturity:April 30, 2024
Coupon:0%
Price:Par
Payout at maturity:Par unless any underlying asset finishes below its trigger value, in which case full exposure to any losses of the worst performing asset
Call:At par plus a premium of 6.5% per year if each asset closes at or above its initial value on any annual call determination date
Initial levels:2,926.17 for S&P and 1,575.612 for Russell
Trigger values:1,755.702 for S&P, 945.367 for Russell; 60% of initial values
Pricing date:April 25
Settlement date:April 30
Agent:Citigroup Global Markets Inc.
Fees:4.125%
Cusip:17326YGB6

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