New Issue: Citigroup prices $754,000 buffered digital plus securities linked to Dow

By Angela McDaniels

Tacoma, Wash., Nov. 30 – Citigroup Inc. priced $754,000 of 0% buffered digital plus securities due Nov. 30, 2021 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 initial level, the payout at maturity will be par plus the greater of the index return and 40%. If the final index level is less than the initial level by 15% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Inc.
Issue:	Buffered digital plus securities
Underlying index:	Dow Jones industrial average
Amount:	$754,000
Maturity:	Nov. 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial level, par plus greater of index return and 40%; if final index level is less than initial level by 15% or less, par; 1% loss for every 1% that index declines beyond 15%
Initial index level:	17,812.19
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Underwriter:	Citigroup Global Markets Inc.
Fees:	4%
Cusip:	17298C4S4

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