New Issue: Citigroup sells $3.26 million enhanced barrier digital plus notes on Stoxx

By Wendy Van Sickle

Columbus, Ohio, Feb. 24 – Citigroup Inc. priced $3.26 million of 0% enhanced barrier digital plus securities due Feb. 25, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 80% barrier level, the payout at maturity will be par plus the greater of the gain and the fixed return of 37%.

Otherwise, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Enhanced barrier digital plus securities
Underlying index:	Euro Stoxx 50
Amount:	$3.26 million
Maturity:	Feb. 25, 2022
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 37%; otherwise, full exposure to index’s decline from initial level
Initial level:	3,339.27
Barrier level:	2,671.416, 80% of initial level
Pricing date:	Feb. 22
Settlement date:	Feb. 27
Agent:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17324CES1

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