New Issue: Citigroup sells $12 million enhanced barrier digital notes on S&P, Dow

By Wendy Van Sickle

Columbus, Ohio, March 10 – Citigroup Global Markets Holdings Inc. priced $12 million of 0% enhanced barrier digital securities due Jan. 3, 2022 linked to the worst performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final level of the lesser-performing index is greater than or equal to its final barrier level, 60% of its initial level, the payout at maturity will be par plus 10%.

Otherwise, investors will be fully exposed to the decline of the lesser-performing index from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital securities
Underlying indexes:	S&P 500, Dow Jones industrial average
Amount:	$12 million
Maturity:	Jan. 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of the lesser-performing index is greater than or equal to its final barrier level, par plus 10%; otherwise, full exposure to decline of the lesser-performing index from its initial level
Initial levels:	2,954.22 for S&P, 25,409.36 for Dow
Final barriers:	1,772.532 for S&P, 15,245.616 for Dow; 60% of initial levels
Strike date:	Feb. 28
Pricing date:	March 3
Settlement date:	March 6
Agent:	Citigroup Global Markets Inc.
Fees:	0.1%
Cusip:	17328VFQ8

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