New Issue: Citigroup sells $402,000 enhanced barrier digital notes on Russell, Nasdaq

By Wendy Van Sickle

Columbus, Ohio, July 16 – Citigroup Global Markets Holdings Inc. priced $402,000 of 0% enhanced barrier digital securities due Dec. 1, 2022 linked to the worst performing of the Russell 2000 index and the Nasdaq-100 index, 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 barrier level, 80% of its initial level, the payout at maturity will be par plus 13%. 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:	Russell 2000, Nasdaq-100
Amount:	$402,000
Maturity:	Dec. 1, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of the lesser-performing index is greater than or equal to its barrier level, par plus 13%; otherwise, investors will be fully exposed to the decline of the lesser-performing index from its initial level
Initial levels:	2,273.073 for Russell, 13,657.85 for Nasdaq
Barrier levels:	1,818.458 for Russell, 10,926.28 for Nasdaq; 80% of initial levels
Pricing date:	May 27
Settlement date:	June 2
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.6%
Cusip:	17329FDD3

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