New Issue: Citigroup prices $8.42 million notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, July 5 – Citigroup Global Markets Holdings Inc. priced $8.42 million of 0% market-linked notes due June 30, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus any index gain, subject to a maximum return of par plus 19.5%. Otherwise, investors will receive par.

Citigroup Global Markets Inc. is the underwriter with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked notes
Underlying index:	S&P 500 index
Amount:	$8,422,000
Maturity:	June 30, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus any index gain capped at 19.5%; otherwise, par
Initial level:	3,900.11
Pricing date:	June 27
Settlement date:	June 30
Underwriter:	Citigroup Global Markets Inc. with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:	2%
Cusip:	17330P5M7

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