C-Tracks ETN Based on the Performance of the Citi Volatility Index Total Return (CVOL)

[ParaBellum]

NEW YORK--(BUSINESS WIRE)--

Citigroup Inc. does not intend to issue any additional notes in its three series of C-Tracks ETNs. These ETNs, which will continue to trade on the NYSE Arca, are listed below:
• C-Tracks Exchange-Traded Notes Based on the Performance of the Citi Volatility Index Total Return Due November 12, 2020 (NYSE Arca:CVOL);
• C-Tracks Exchange-Traded Notes Based on the Performance of the Miller/Howard MLP Fundamental Index Due September 28, 2023 (NYSE Arca:MLPC); and
• C-Tracks Exchange-Traded Notes Miller/Howard Strategic Dividend Reinvestor Due September 16, 2024 (NYSE Arca:DIVC).

Citigroup Inc. expects that its affiliate Citigroup Global Markets Inc. (“CGMI”) may continue to sell any of these exchange-traded notes that it now holds or in the future may acquire. These include notes issued by Citigroup Inc. prior to the date of this announcement and not yet sold to the public as well as notes previously issued by Citigroup Inc. that CGMI may repurchase from the public from time to time.