New Issue: Citi prices $23.67 million index-linked notes due 2020 linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Dec. 24 – Citigroup Global Markets Holdings Inc. priced $23.67 million of 0% index-linked notes due June 23, 2020 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 500% of any index gain, up to a maximum settlement amount of $1,227.50 per $1,000 of notes.

Investors will be exposed to any losses.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Index-linked notes
Underlying index:	S&P 500
Amount:	$23,674,000
Maturity:	June 23, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 500% of index return, subject to maximum payment of $1,227.50 per $1,000 principal amount; exposure to losses
Initial level:	2,506.96
Pricing date:	Dec. 20
Settlement date:	Dec. 28
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.67%
Cusip:	17326YAP1

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