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Published on 7/23/2018 in the Prospect News Structured Products Daily.

Citi plans barrier digital securities due 2020 on S&P, Russell, Dow

New York, July 23 – Citigroup Global Markets Holdings Inc. plans to price 0% barrier digital securities due July 29, 2020 linked to the worst performing of 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 payout at maturity will be par plus the digital return of 21.25% if each index finishes at or above its initial level.

The notes will pay par at maturity if the worst performing index declines but finishes at or above its 65% barrier level. Otherwise investors will receive par plus the return of the worst performing index with full exposure to any losses.

The notes will be guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on July 24 and settle on July 27.

The Cusip number is 17324CYK6.


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