New Issue: Citigroup prices $7.1 million enhanced barrier digital plus notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 29 – Citigroup Inc. priced $7.1 million of 0% enhanced barrier digital plus securities due July 31, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the barrier level, 80% of the initial index level, the payout at maturity will be par plus the greater of the index return and 22%. Otherwise, investors will be fully exposed to the index’s decline from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Enhanced barrier digital plus securities
Underlying index:	Euro Stoxx 50
Amount:	$7,104,000
Maturity:	July 31, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to barrier level, par plus greater of index return and 22%; otherwise, full exposure to index’s decline from initial level
Initial level:	3,554.11
Barrier level:	2,843.288, 80% of initial level
Pricing date:	July 28
Settlement date:	July 31
Underwriter:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17298CCP1

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