New Issue: Citi sells $3.15 million enhanced barrier digital plus notes on S&P

By Devika Patel

Knoxville, Tenn., Dec. 1 – Citigroup Global Markets Holdings Inc. priced $3.15 million of 0% enhanced barrier digital plus securities due Nov. 26, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final index level is greater than or equal to the barrier level, 80% of the initial index level, the payout at maturity will be par plus the greater of the index return and 20%. Otherwise, investors will lose 1% for each 1% decline from the initial level.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital plus securities
Underlying index:	S&P 500
Amount:	$3,149,000
Maturity:	Nov. 26, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to barrier level, par plus greater of index return and 20%; otherwise, 1% loss for each 1% decline from initial level
Initial level:	2,198.18
Barrier level:	1,758.544, 80% of initial level
Pricing date:	Nov. 22
Settlement date:	Nov. 25
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17324CC61

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