New Issue: Citi prices $1.86 million enhanced barrier digital plus notes on the Dow

By Susanna Moon

Chicago, Aug. 31 – Citigroup Inc. priced $1.86 million of 0% barrier digital plus securities due Sept. 1, 2020 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the 80% barrier level, the payout will be par plus the greater of the gain and the 22% digital return.

Otherwise, investors will be fully exposed to any losses.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Barrier digital plus securities
Underlying index:	Dow Jones industrial average
Amount:	$1,857,000
Maturity:	Sept. 1, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to barrier level, par plus greater of any gain and 22%; otherwise, full exposure to any losses
Initial index level:	16,654.77
Barrier level:	80% of initial level
Pricing date:	Aug. 27
Settlement date:	Sept. 1
Underwriter:	Citigroup Global Markets Inc.
Fees:	3%
Cusip:	17298CDL9

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