New Issue: Citi sells $4.21 million barrier digital notes on Russell, S&P, Dow

By Kiku Steinfeld

Chicago, Feb. 16 – Citigroup Global Markets Holdings Inc. priced $4.21 million of 0% barrier digital securities due Feb. 8, 2024 linked to the worst performing of the Dow Jones industrial average, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the least performing asset finishes at or above its barrier level, 70% of the initial level, the payout at maturity will be par plus 37.2%.

Otherwise, investors will be fully exposed to the decline in the least performing asset.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier digital securities
Underlying assets:	Dow Jones industrial average, S&P 500 index, Russell 2000 index
Amount:	$4,206,000
Maturity:	Feb. 8, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each asset finishes at or above barrier level, par plus 37.2%; otherwise, full exposure to loss of least performing asset
Initial index levels:	29,982.62 for Dow, 3,714.24 for S&P, 2,073.641 for Russell
Barrier levels:	20,987.834 for Dow, 2,599.968 for S&P, 1,451.549 for Russell, 70% of initial levels
Pricing date:	Feb. 3
Settlement date:	Feb. 8
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.25%
Cusip:	17328YNJ9

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