By Kiku Steinfeld
Chicago, April 19 – Citigroup Global Markets Holdings Inc. priced $567,000 of 0% digital securities due Dec. 24, 2026 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the final share price is greater than or equal to the digital barrier value, 107.5% of the initial share price, the payout at maturity will be par plus 60%.
If the final share price is less than the digital barrier value but greater than or equal to the initial share price, the payout will be par.
If the final share price is less than the initial share price, investors will lose 1% for every 1% that the ETF declines from its initial share price.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the underwriter.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Digital securities
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| Underlying ETF: | iShares MSCI Emerging Markets ETF
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| Amount: | $567,000
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| Maturity: | Dec. 24, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If final share price is greater than or equal to digital barrier value, par plus 60%; if final share price is less than digital barrier value but greater than or equal to initial share price, par; if final share price is less than initial share price, 1% loss for every 1% that ETF declines from initial share price
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| Initial share price: | $37.85
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| Digital barrier value: | $40.689, or 107.5% of initial share price
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| Pricing date: | Dec. 20
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| Settlement date: | Dec. 23
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| Underwriter: | Citigroup Global Markets Inc.
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| Fees: | 2.75%
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| Cusip: | 17330YWH9
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