New Issue: Citigroup prices $9.05 million buffered digital notes linked to S&P

By Angela McDaniels

Tacoma, Wash., Dec. 7 – Citigroup Global Markets Holdings Inc. priced $9.05 million of 0% buffered digital index-linked notes due April 23, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 17.5%, the payout at maturity will be par plus 19.71%. Otherwise, investors will lose 1.2121% for every 1% that the index declines beyond 17.5%.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	S&P 500 index
Amount:	$9,047,000
Maturity:	April 23, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 17.5%, par plus 19.71%; otherwise, 1.2121% loss for every 1% that index declines beyond 17.5%
Initial level:	4,050.83
Buffer level:	82.5% of initial level
Pricing date:	March 30
Settlement date:	April 6
Underwriter:	Citigroup Global Markets Inc.
Fees:	0%
Cusip:	17331H7A8

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