New Issue: Citigroup sells $550,000 contingent buffered notes tied to S&P 500

By Sarah Lizee

Olympia, Wash., March 13 – Citigroup Global Markets Holdings Inc. priced $550,000 of 0% contingent buffered notes due Sept. 10, 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.

If the index return is positive, the payout at maturity will be par plus the index return. If the index falls by up to 17.6%, the payout will be par.

If the index falls by more than 17.6%, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Contingent buffered notes
Underlying index:	S&P 500
Amount:	$550,000
Maturity:	Sept. 10, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus the index return; if the index falls by up to 17.6%, par; if the index falls by more than 17.6%, full exposure to any losses
Initial level:	2,743.07
Barrier level:	2,260.290, 82.4% of initial level
Pricing date:	March 8
Settlement date:	March 13
Agent:	Citigroup Global Markets Inc.
Fees:	1.25%
Cusip:	17326YPA8

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