New Issue: Citigroup sells $1.24 million contingent buffered digital notes on S&P

By Sarah Lizee

Olympia, Wash., Aug. 15 – Citigroup Global Markets Holdings Inc. priced $1.24 million of 0% contingent buffered digital notes due Nov. 14, 2019 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, 85% of the initial level, the payout at maturity will be par plus 8%. Otherwise, investors will lose 1% for every 1% decline in the index.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Contingent buffered digital notes
Underlying index:	S&P 500
Amount:	$1.24 million
Maturity:	Nov. 14, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above barrier, par plus 8%; otherwise, full exposure to any losses
Initial level:	2,833.28
Barrier level:	2,408.288, 85% of initial level
Pricing date:	Aug. 10
Settlement date:	Aug. 15
Agent:	Citigroup Global Markets Inc.
Fees:	1.12%
Cusip:	17324CZG4

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