New Issue: Citigroup prices $8.44 million buffered digital notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Feb. 1 – Citigroup Global Markets Holdings Inc. priced $8.44 million of 0% buffered digital notes due Feb. 20, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 80% of initial level, the payout at maturity will be par plus 17.8%. Otherwise, investors will lose 1.25% for every 1% the index declines beyond 20%.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered digital notes
Underlying index:	S&P 500 index
Amount:	$8,439,000
Maturity:	Feb. 20, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 80% of initial level, par plus 17.8%; otherwise, 1.25% loss for every 1% that index declines beyond 20%
Initial level:	4,060.43
Buffer level:	3,248.344, 80% of initial level
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agent:	Citigroup Global Markets Inc.
Fees:	0%
Cusip:	17331C6Z5

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