New Issue: Citigroup prices $1.07 million geared buffer digital securities on indexes

By Wendy Van Sickle

Columbus, Ohio, Aug. 19 – Citigroup Global Markets Holdings Inc. priced $1.07 million of 0% geared buffer digital securities due Sept. 18, 2020 linked to the Russell 2000 index, the S&P 500 index and the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 7.95% if each index gains.

Investors will receive par if the least performing index falls by up to 20% and will lose 1.25% per 1% drop in the least performing index beyond 20%.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Geared buffer digital securities
Underlying indexes:	Russell 2000 index, S&P 500 index and MSCI Emerging Markets index
Amount:	$1,065,000
Maturity:	Sept. 18, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 7.95% if least performing index return is positive; par if least performing index declines by up to 20%; 1.25% loss for every 1% that least performing index declines beyond 20%
Initial index levels:	1,461.648 for Russell, 2,847.6 for S&P, 963.52 for MSCI Emerging
Buffer levels:	1,169.318 for Russell, 2,278.08 for S&P, 770.816 for MSCI Emerging, 80% of initial level
Pricing date:	Aug. 15
Settlement date:	Aug. 20
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.25%
Cusip:	17327TEM4

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