New Issue: Citi prices $1.01 million buffered digital plus notes on Nasdaq, Russell, S&P

By Kiku Steinfeld

Chicago, Nov. 23 – Citigroup Global Markets Holdings Inc. priced $1.01 million of 0% buffered digital plus notes due March 29, 2027 linked to the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, 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 33.5%.

If any index falls by up to 20%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the worst performing index beyond 20%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered digital plus notes
Underlying indexes:	Russell 2000 index, S&P 500 index and Nasdaq-100 index
Amount:	$1,014,000
Maturity:	March 29, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus greater of any gain of the worst performing index and 33.5%; par if laggard index declines by up to 20%; 1% loss for every 1% decline of laggard index beyond 20%
Initial index level:	14,447.55 for Nasdaq, 2,052.206 for Russell, 4,456.24 for S&P
Buffer level:	11,558.04 for Nasdaq, 1,641.765 for Russell, 3,564.992 for S&P, 80% of initial level
Pricing date:	March 23
Settlement date:	March 28
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.125%
Cusip:	17330APP1

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