New Issue: Citigroup prices $492,000 digital notes linked to S&P, Russell

By William Gullotti

Buffalo, N.Y., Aug. 23 – Citigroup Global Markets Holdings Inc. priced $492,000 of 0% digital notes due Aug. 1, 2025 linked to the worst performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Notes and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final level of the least-performing index is greater than or equal to its initial level, the payout at maturity will be par plus 21%.

Otherwise, investors will receive par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Digital notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$492,000
Maturity:	Aug. 1, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of the least-performing index is greater than or equal to its initial level, par plus 21%; otherwise, par
Initial levels:	4,130.29 for S&P, 1,885.23 for Russell
Pricing date:	July 29
Settlement date:	Aug. 3
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.2%
Cusip:	17330PLA5

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