Chicago, Dec. 1 – Citigroup Global Markets Holdings Inc. priced $1 million of 0% buffered digital notes due April 3, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains or declines but by no more than its 10% buffer the payout at maturity will be par plus 9.55%. Investors will lose 1.1111% for every 1% the index declines beyond its buffer.
The notes are non-callable.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Buffered digital notes
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| Underlying index: | S&P 500 index
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| Amount: | $1 million
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| Maturity: | April 3, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains or declines but by no more than 10% buffer, par plus 9.55%; 1.1111% loss for every 1% that index declines beyond the buffer
|
| Initial level: | 4,357.86
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| Buffer level: | 3,922.074, 90% of initial level
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| Buffer: | 10%
|
| Call: | Non-callable
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| Pricing date: | March 17
|
| Settlement date: | March 22
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 1%
|
| Cusip: | 17330AVZ2
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