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Published on 3/1/2021 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $4.61 million buffered digital notes on Euro Stoxx 50

By Marisa Wong

Los Angeles, March 1 – Citigroup Global Markets Holdings Inc. priced $4.61 million of 0% buffered digital notes due Jan. 25, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the index return is greater than or equal to negative 12.5%, the payout at maturity will be the threshold settlement amount of $1,127 per $1,000 principal amount.

Otherwise, the investors will 1.1429% for every 1% index decline beyond 12.5%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Buffered digital notes
Underlying index:Euro Stoxx 50 index
Amount:$4,607,000
Maturity:Jan. 25, 2023
Coupon:0%
Price:Par
Payout at maturity:If index gains, finishes flat or falls by up to 12.5%, par plus 12.7%; otherwise, 1.1429% loss for every 1% index decline beyond 12.5%
Initial index level:3,665.51
Pricing date:Feb. 8
Settlement date:Feb. 16
Underwriter:Citigroup Global Markets Inc.
Fees:None
Cusip:17328YRU0

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