New Issue: Citigroup prices $500,000 barrier securities linked to three stocks

By Wendy Van Sickle

Columbus, Ohio, April 2 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% barrier securities due March 28, 2023 linked to the worst performing of the common stocks of Apple Inc., Amazon.com, Inc. and Walt Disney Co., 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 5 times the worst performing stock if all three underliers finish above their initial level, capped at par plus 75%.

If the worst performer declines, but not more than 20%, the payout at maturity will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing stock.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier securities
Underlying stocks:	Apple Inc., Amazon.com stock, Inc. and Walt Disney Co.
Amount:	$500,000
Maturity:	March 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 5 times return of worst performing stock, capped at par plus 75%; par if worst performer declines, but not more than 20%; otherwise full exposure to decline of worst performer
Initial stock levels:	$229.24 for Apple, $1,846.09 for Amazon.com, $85.89 for Disney
Barrier levels:	$183.392 for Apple, $1,476.872 for Amazon.com, $68.784 for Disney; 80% of initial levels
Strike date:	March 20
Pricing date:	March 23
Settlement date:	March 26
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.3%
Cusip:	17328V5M8

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