New Issue: Citigroup sells $40,000 of buffered digital notes on Amazon.com

By Kiku Steinfeld

Chicago, May 13 – Citigroup Global Markets Holdings Inc. priced $40,000 of 0% buffered digital securities due May 25, 2021 linked to the common stock of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the stock finishes at or above its initial level or falls by up to 15%, the payout at maturity will be par plus the fixed return of 7%. Otherwise, investors will receive 4.96902 Amazon.com shares.

Citigroup Global Markets Inc. is the underwriter. J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are acting as placement agents.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered digital notes
Underlying stock:	Amazon.com, Inc.
Amount:	$40,000
Maturity:	May 25, 2021
Coupon:	0%
Price:	Par of $10,000
Payout at maturity:	If stock gains or it falls by up to 15%, par plus 7%; otherwise, 4.96902 shares
Initial level:	$2,367.61
Buffer level:	$2,012.469, 85% of initial level
Strike date:	May 7
Pricing date:	May 8
Settlement date:	May 13
Underwriter:	Citigroup Global Markets Inc.
Placement agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	17328VP95

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