New Issue: Citi sells $250,000 enhanced barrier digital plus notes on Russell, S&P

By Sarah Lizee

Olympia, Wash., March 20 – Citigroup Global Markets Holdings Inc. priced $250,000 of 0% barrier digital plus securities due March 20, 2024 linked to the worst performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final level of each index is greater than its initial level, the payout at maturity will be par plus the greater of the return of the worst performing index and 55%.

If any index falls by up to 70%, the payout will be par.

If any index falls by more than 70%, the payout will be par plus the return of the worst performing index with full exposure to losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier digital plus securities
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$250,000
Maturity:	March 20, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of each index is greater than its initial level, par plus the greater of the return of the worst performing index and 55%; if any index falls by up to 70%, par; if any index falls by more than 70%, par plus the return of the worst performing index with full exposure to losses
Initial levels:	2,822.48 for S&P, 1,553.538 for Russell
Barrier levels:	1,975.736 for S&P, 1,087.477 for Russell; 70% of initial levels
Pricing date:	March 15
Settlement date:	March 20
Agent:	Citigroup Global Markets Inc.
Fees:	0.6%
Cusip:	17326YPG5

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