New Issue: Citigroup prices $11.09 million trigger PLUS linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, March 27 – Citigroup Global Markets Holdings Inc. priced $11.09 million of 0% trigger Performance Leveraged Upside Securities due March 27, 2025 linked to the S&P 500 index, according to a 424B2 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 of $10 plus 135% of the index return. If the index declines by 35% or less, the payout will be par. If the index declines by more than 35%, investors will lose 1% for every 1% that the index declines from its initial level.

Citigroup Global Markets Inc. is the underwriter. Morgan Stanley Wealth Management is a dealer.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$11.09 million
Maturity:	March 27, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than initial index level, par plus 135% of index return; if final index level is less than initial index level but greater than or equal to trigger level, par; if final index level is less than trigger level, 1% loss for every 1% that index declines from initial level
Initial index level:	2,447.33
Trigger level:	1,590.765, 65% of initial level
Pricing date:	March 24
Settlement date:	March 27
Underwriter:	Citigroup Global Markets Inc.
Selected dealer:	Morgan Stanley Wealth Management
Fees:	3.5%
Cusip:	17327U350

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