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Published on 12/14/2021 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $186,000 enhanced barrier digital notes on Russell, Nasdaq

Chicago, Dec. 14 – Citigroup Global Markets Holdings Inc. priced $186,000 of 0% enhanced barrier digital securities due Oct. 5, 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, 75% of its initial level, the payout at maturity will be par plus 14%. 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:$186,000
Maturity:Oct. 5, 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 14%; otherwise, investors will be fully exposed to the decline of the lesser-performing index from its initial level
Initial levels:2,220.519 for Russell, 13,091.44 for Nasdaq
Barrier levels:1,665.389 for Russell, 9,818.580 for Nasdaq; 75% of initial levels
Pricing date:March 31
Settlement date:April 6
Underwriter:Citigroup Global Markets Inc.
Fees:0.6%
Cusip:17328YV50

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