New Issue: Citigroup sells $454,000 barrier digital plus notes tied to Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, Dec. 7 – Citigroup Inc. priced $454,000 of 0% barrier digital plus securities due Nov. 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be par plus the greater of the gain and the fixed return of 32%.

If the index finishes at or above the 75% barrier level but below the initial level, the payout at maturity will be par.

Otherwise, investors will be fully exposed to any loss.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Barrier digital plus securities
Underlying index:	Euro Stoxx 50
Amount:	$454,000
Maturity:	Nov. 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus the greater of the return and 32%; if the index falls by up to 25%, par; otherwise, full exposure to any loss
Initial level:	3,409.60
Barrier level:	2,557.20, 75% of initial level
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Underwriter:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17298C3U0

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