New Issue: Citigroup prices $1.12 million market-linked notes on ETF, index basket

By Wendy Van Sickle

Columbus, Ohio, July 5 – Citigroup Global Markets Holdings Inc. priced $1.12 million of 0% market-linked notes due July 2, 2021 based on a basket of three underliers, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The basket components are the S&P 500 index with a 25% weight, the Euro Stoxx 50 index with a 25% weight and the iShares Core U.S. Aggregate Bond exchange-traded fund with a 50% weight.

If the basket return is positive, the payout at maturity will be par plus the basket gain.

Otherwise, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked notes
Underlying basket:	S&P 500 index (25% weight), Russell 2000 index (25% weight) and iShares Core U.S. Aggregate Bond ETF (50% weight)
Amount:	$1,117,000
Maturity:	July 2, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket return is positive, par plus the basket gain; otherwise, par
Initial levels:	2,070.77 for S&P, 2,832.18 for Stoxx, $112.39 for ETF
Pricing date:	June 29
Settlement date:	July 5
Underwriter:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17324C3Z7

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