New Issue: Citi sells $7.64 million enhanced barrier digital securities on S&P, Russell

By Kiku Steinfeld

Chicago, Jan. 7 – Citigroup Global Markets Holdings Inc. priced $7.64 million of 0% enhanced barrier digital securities due Nov. 17, 2025 linked to the worst performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If each index finishes at or above its initial level, the payout at maturity will be par plus 31%.

If any index falls but finishes at or above its barrier level, 70% of its initial level, the payout will be par plus 12%.

Otherwise, investors will receive par plus the return of the worst performing index with full exposure to its losses.

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:	$7,637,000
Maturity:	Nov. 17, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	It each index finishes at or above its initial level, par plus 31%; if any index falls but finishes at or above its barrier level, par plus 12%; otherwise, par plus the return of the worst performing index with full exposure to its losses
Initial levels:	4,682.85 for S&P, 2,411.776 for Russell
Barrier levels:	3,277.995 for S&P, 1,688.243 for Russell; 70% of initial levels
Pricing date:	Nov. 12
Settlement date:	Nov. 17
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.6%
Cusip:	17329UB42

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