New Issue: Citigroup prices $1.97 million buffered digital notes on S&P 500

By Kiku Steinfeld

Chicago, Sept. 4 – Citigroup Global Markets Holdings Inc. priced $1.97 million of 0% buffered digital notes due 3,508.01 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 final level of the index is greater than or equal to its final buffer value, 90% of its initial level, the payout at maturity will be par plus 14.35%. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered digital notes
Underlying index:	S&P 500 index
Amount:	$1,973,000
Maturity:	June 23, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater or equal to 90% of its initial level, par plus 14.35%; if the index falls by more than 10%, 1.1111% loss for every 1% decline beyond 10%
Initial index level:	3,508.01
Buffer value:	90% of initial level
Pricing date:	Aug. 28
Settlement date:	Sept. 4
Underwriter:	Citigroup Global Markets Inc.
Fees:	None
Cusip:	17328WLG1

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