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Published on 3/28/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $2.61 million buffered digital securities on Nasdaq

Chicago, March 28 – Citigroup Global Markets Holdings Inc. priced $2.61 million of 0% buffered digital notes due Oct. 31, 2022 linked to the Nasdaq-100 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 at least 90% of its initial level, the payout at maturity will be par plus 9.6%.

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:Nasdaq-100 index
Amount:$2,611,000
Maturity:Oct. 31, 2022
Coupon:0%
Price:Par
Payout at maturity:If index return is at least 90% of initial level, par plus 9.6%; otherwise, 1.1111% loss for every 1% decline beyond 10%
Initial index level:13,960.28,
Buffer value:12,564.252, 90% of initial level
Pricing date:April 27, 2021
Settlement date:April 30, 2021
Underwriter:Citigroup Global Markets Inc.
Fees:1.25%
Cusip:17329F3T9

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