New Issue: Citi sells $160,000 enhanced barrier digital securities on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, Sept. 5 – Citigroup Global Markets Holdings Inc. priced $160,000 of 0% enhanced barrier digital securities due Dec. 3, 2020 linked to the worst performing of 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 index finishes at or above its initial level or has never closed below its 70% knock-in level during the life of the notes, the payout at maturity will be par plus 6.5%.

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

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital securities
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$160,000
Maturity:	Dec. 3, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level or never closes below knock-in level during life of notes, par plus 6.5%; otherwise, full exposure to loss of least performing index
Initial index levels:	2,926.46 for S&P, 1,494.839 for Russell
Knock-in levels:	2,048.522 for S&P, 1,046.387 for Russell, 70% of initial levels
Pricing date:	Aug. 30
Settlement date:	Sept. 5
Agent:	Citigroup Global Markets Inc.
Fees:	0.9%
Cusip:	17327TQU3

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