New Issue: Citigroup sells $3.69 million barrier digital notes on index, ETF

By Wendy Van Sickle

Columbus, Ohio, Nov. 26 – Citigroup Global Markets Holdings Inc. priced $3.69 million of 0% barrier digital securities due Nov. 21, 2022 linked to the worst performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final level of the lesser-performing asset is greater than or equal to its initial level, the payout at maturity will be par plus 95%. If either asset falls but not below its barrier level, 80% of its initial level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the lesser-performing asset from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier digital securities
Underlying assets:	Euro Stoxx 50 index, iShares MSCI Emerging Markets ETF
Amount:	$3,689,000
Maturity:	Nov. 21, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of the lesser-performing asset is greater than or equal to its initial level, par plus 95%; if either asset falls but not below barrier, par; otherwise, investors will be fully exposed to the decline of the lesser-performing asset from its initial level
Initial levels:	3,180.71 for Stoxx, $40.90 for ETF
Barrier levels:	2,544.592 for Stoxx, $32.72 for ETF; 80% of initial levels
Pricing date:	Nov. 16
Settlement date:	Nov. 21
Agent:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17326YEW2

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