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Published on 2/10/2020 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $2.38 million enhanced barrier digital plus securities on Stoxx

By Wendy Van Sickle

Columbus, Ohio, Feb. 10 – Citigroup Global Markets Holdings Inc. priced $2.38 million of 0% enhanced barrier digital plus securities due Feb. 5, 2025 linked to the Euro Stoxx 50 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 its barrier level, 80% of its initial level, the payout at maturity will be par plus the greater of 33% and the index return. Otherwise, investors will be exposed to any losses of the index.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Enhanced barrier digital plus securities
Underlying index:Euro Stoxx 50
Amount:$2,375,000
Maturity:Feb. 5, 2025
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above barrier level, par plus greater of index return and 33%; otherwise, 1% loss for every 1% decline from initial level
Initial level:3,690.78
Barrier level:2,912.728, 80% of initial level
Pricing date:Jan. 31
Settlement date:Feb. 5
Agent:Citigroup Global Markets Inc.
Fees:3%
Cusip:17327T6H4

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