New Issue: Citigroup prices $1.51 million buffered digital notes on Nasdaq

By William Gullotti

Buffalo, N.Y., July 13 – Citigroup Global Markets Holdings Inc. priced $1.51 million of 0% buffered digital notes due Nov. 30, 2022 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final level of the index is greater than or equal to its final buffer value, 90% of its initial level, the payout at maturity will be par plus 9%.

Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered digital notes
Underlying index:	Nasdaq-100 index
Amount:	$1,506,000
Maturity:	Nov. 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater or equal to 90% of its initial level, par plus 9%; if the index falls by more than 10%, 1.1111% loss for every 1% decline beyond 10%
Initial index level:	13,657.73
Buffer value:	12,291.957; 90% of initial level
Pricing date:	May 25
Settlement date:	May 28
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.25%
Cusip:	17329FFS8

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