By Susanna Moon
Chicago, Dec. 7 – Citigroup Global Markets Holdings Inc. priced $895,000 of 0% enhanced buffered digital securities due Dec. 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 85% of its initial level, the payout at maturity will be par plus the fixed return of 16.5%.
Otherwise, investors will lose 1% for each 1% decline beyond 15%.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Enhanced buffered digital securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $895,000
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| Maturity: | Dec. 3, 2020
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above 85% threshold, par plus 16.5%; par if index falls by up to 15%; 1% loss for each 1% decline beyond 15%
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| Initial level: | 3,564.02
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| Pricing date: | Nov. 27
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| Settlement date: | Nov. 30
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 3%
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| Cusip: | 17324CNN2
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