New Issue: Citi prices $750,000 geared buffered digital plus notes on Dow, Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, Aug. 19 – Citigroup Global Markets Holdings Inc. priced $750,000 of 0% geared buffered digital plus notes due Aug. 17, 2023 linked to the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If each index finishes at or above its initial level, the payout will be par plus the greater of the return of the worst performing index and 24%.

If any index falls by up to 15%, the payout will be par.

Otherwise, investors will lose 1.176471% for every 1% decline of the worst performing index beyond 15%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Geared buffered digital plus notes
Underlying indexes:	Russell 2000 index, S&P 500 index and Dow Jones industrial average
Amount:	$750,000
Maturity:	Aug. 17, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus greater of the return of the worst performing index and 24%; par if laggard index declines by up to 15%; 1.176471% loss for every 1% decline of laggard index beyond 15%
Initial index level:	1,579.787 for Russell, 3,373.43 for S&P, 27,896.72 for Dow
Buffer level:	1,342.819 for Russell, 2,876.416 for S&P, 23,712.212 for Dow, 85% of initial level
Pricing date:	Aug. 13
Settlement date:	Aug. 18
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.75%
Cusip:	17328WLN6

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