New Issue: Citigroup prices $636,000 enhanced barrier digital plus notes linked to Netflix

By Wendy Van Sickle

Columbus, Ohio, Aug. 26 – Citigroup Global Markets Holdings Inc. priced $636,000 of 0% enhanced barrier digital plus securities due Sept. 2, 2020 linked to the common stock of Netflix, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than or equal to the final barrier value, 80% of the initial share price, the payout at maturity will be par plus the greater of the stock return and 10%, subject to a maximum return of 21%.

If the final share price is less than the final barrier value, the payout will be a number of Netflix shares equal to $1,000 divided by the initial share price.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital plus securities
Underlying stock:	Netflix, Inc.
Amount:	$636,000
Maturity:	Sept. 2, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than or equal to final barrier value, par plus greater of 10% and stock return, subject to maximum return of 21%; if final share price is less than final barrier value, 3.3678 Netflix shares per $1,000 principal amount of notes
Initial share price:	$296.93
Final barrier value:	$237.544, 80% of initial share price
Pricing date:	Aug. 22
Settlement date:	Aug. 27
Underwriter:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17324XRJ1

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