New Issue: Citigroup prices $500,000 enhanced barrier digital notes linked to three stocks

By Wendy Van Sickle

Columbus, Ohio, Jan. 14 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% enhanced barrier digital securities due Jan. 18, 2023 linked to the lesser performing of the common stocks of Coca-Cola Co., Starbucks Corp. and Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the lesser-performing underlying is greater than or equal to its final barrier level, 65% of its initial level, the payout at maturity will be par plus 23%. Otherwise, investors will lose 1% for every 1% that the lesser-performing underlying declines from its initial level.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital securities
Underliers:	Coca-Cola Co., Starbucks Corp. and Amazon.com, Inc.
Amount:	$500,000
Maturity:	Jan. 18, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of lesser-performing underlying is greater than or equal to final barrier level, par plus 23%; otherwise, 1% loss for every 1% that lesser-performing underlying declines from initial level
Initial levels:	$50.20 for Coca-Cola, $3,114.21 for Amazon.com and $104.60 for Starbucks
Final barrier levels:	$32.63 for Coca-Cola, $2,024.237 for Amazon.com and $67.99 for Starbucks, or 65% of initial levels
Pricing date:	Jan. 12
Settlement date:	Jan. 15
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.4%
Cusip:	17328YCX0

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