New Issue: Citigroup prices $1.62 million barrier digital plus notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Nov. 4 – Citigroup Inc. priced $1.62 million of 0% enhanced barrier digital plus securities due Nov. 3, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be par plus the greater of the gain and the fixed return of 37%.

If the index finishes at or above the 80% barrier level, the payout at maturity will be par.

Otherwise, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Enhanced barrier digital plus securities
Underlying index:	Euro Stoxx 50
Amount:	$1,621,000
Maturity:	Nov. 3, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus the greater of the return and 37%; if the index falls by up to 20%, par; otherwise, full exposure to any losses
Initial level:	3,413.39
Barrier level:	80% of initial level
Pricing date:	Oct. 29
Settlement date:	Nov. 3
Underwriter:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17298C2W7

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