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Published on 1/3/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $470,000 8% single observation ELKS on salesforce.com

Chicago, Jan. 3 – Citigroup Global Markets Holdings Inc. priced $470,000 of 8% single observation Equity Linked Securities due Dec. 24, 2019 linked to salesforce.com, inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

Interest is payable monthly.

The payout at maturity will be par unless the stock finishes below the downside threshold price, 75% of the initial share price, in which case the payout will be 7.62428 shares of the stock or, at the issuer’s option, the cash equivalent of those shares at their final price.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Single observation Equity Linked Securities
Underlying stock:salesforces.com, inc. (NYSE: CRM)
Amount:$470,000
Maturity:Dec. 24, 2019
Coupon:8%, payable monthly
Price:Par
Payout at maturity:If stock finishes below downside threshold price, 7.62428 shares; otherwise, par in cash
Initial price:$131.16
Downside threshold:$98.370, 75% of initial price
Pricing date:Dec. 19
Settlement date:Dec. 24
Underwriter:Citigroup Global Markets Inc.
Fees:1%
Cusip:17324XGD6

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