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Published on 11/28/2016 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $979,000 enhanced buffered digital notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Nov. 28 – Citigroup Global Markets Holdings Inc. priced $979,000 of 0% enhanced buffered digital securities due Nov. 27, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the index finishes at or above its initial level or falls by up to 15%, the payout at maturity will be par plus 15.75%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Enhanced buffered digital securities
Underlying index:Russell 2000
Amount:$979,000
Maturity:Nov. 27, 2019
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above initial level or falls by up to 15%, par plus 15.75%; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial index level:1,334.341
Pricing date:Nov. 22
Settlement date:Nov. 28
Underwriter:Citigroup Global Markets Inc.
Fees:3%
Cusip:17324CCK0

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