New Issue: Citigroup prices $144,000 buffer securities linked to Russell 2000

By Sarah Lizee

Olympia, Wash., June 21 – Citigroup Global Markets Holdings Inc. priced $144,000 of 0% buffer securities due July 6, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 200% of the index return, subject to a maximum return of 10%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying index:	Russell 2000
Amount:	$144,000
Maturity:	July 6, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus 200% of index return, subject to 10% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial level:	1,465.487
Pricing date:	May 31
Settlement date:	June 5
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.9%
Cusip:	17326YVL7

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