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Published on 3/11/2019 in the Prospect News Structured Products Daily.

Citigroup plans buffered digital notes due 2022 tied to Russell, S&P

Chicago, March 11 – Citigroup Global Markets Holdings Inc. plans to price 0% buffered digital notes due April 1, 2022 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.

If each index finishes at or above its 75% buffer level, the payout at maturity will be par plus the digital return of 16% to 19%.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index beyond 25%.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

The notes will price on March 29 and settle on April 3.

The Cusip number is 17326YCV6.


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