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Published on 7/8/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $487,000 buffered digital notes linked to Dow

By Angela McDaniels

Tacoma, Wash., July 8 – Citigroup Global Markets Holdings Inc. priced $487,000 of 0% buffered digital securities due June 20, 2022 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the final buffer value, 85% of the initial index level, the payout at maturity will be par plus 15%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Buffered digital securities
Underlying index:Dow Jones industrial average
Amount:$487,000
Maturity:June 20, 2022
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to final buffer value, par plus 15%; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial level:26,548.22
Final buffer value:22,565.987, or 85% of initial level
Pricing date:June 25
Settlement date:June 28
Underwriter:Citigroup Global Markets Inc.
Fees:3%
Cusip:17326YYP5

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