New York, Dec. 20 – Citigroup Global Markets Holdings Inc. priced $23.55 million of 0% buffered digital notes due May 31, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above 85% of initial level, the payout at maturity will be par plus 17.55%. Otherwise, investors will lose 1.1765% for every 1% the index declines beyond 15%.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Buffered digital notes
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| Underlying index: | S&P 500 index
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| Amount: | $23.55 million
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| Maturity: | May 31, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above 85% of initial level, par plus 17.55%; otherwise, 1.1765% loss for every 1% that index declines beyond 15%
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| Initial level: | 3,949.94
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| Buffer: | 15%
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| Pricing date: | Nov. 21
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| Settlement date: | Nov. 30
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 1.25%
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| Cusip: | 17330YPA2
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