New York, Feb. 8 – Citigroup Global Markets Holdings Inc. priced $3.5 million of 0% buffered digital notes due Feb. 6, 2025 linked to the S&P 500 index, according to a 424B8 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 15.6%.
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.
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| 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: | $3.5 million
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| Maturity: | Feb. 6, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above 80% of initial level, par plus 15.6%; otherwise, 1.25% loss for every 1% that index declines beyond 20%
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| Initial level: | 4,119.21
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| Buffer: | 20%
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| Strike date: | Feb. 1
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| Pricing date: | Feb. 2
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| Settlement date: | Feb. 7
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 1.5%
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| Cusip: | 17331CGC5
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