New Issue: Citi sells $5.98 million enhanced buffered digital notes on S&P 500

By Marisa Wong

Los Angeles, May 4 – Citigroup Global Markets Holdings Inc. priced $5.98 million of 0% enhanced buffered digital securities due April 22, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the index finishes at or above 80% of the initial level, the payout at maturity will be par plus 7%. Otherwise, investors will lose 1% for every 1% index decline beyond 20%.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced buffered digital securities
Underlying index:	S&P 500
Amount:	$5,975,000
Maturity:	April 22, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above buffer level, par plus 7%; otherwise, 1% loss for every 1% index decline beyond 20%
Initial index level:	2,799.55
Buffer level:	2,239.64, 80% of initial level
Pricing date:	April 16
Settlement date:	April 21
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.25%
Cusip:	17328VKR0

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