New Issue: Citigroup sells $8 million enhanced barrier digital notes on S&P, Dow

By Marisa Wong

Morgantown, W.Va., Feb. 20 – Citigroup Global Markets Holdings Inc. priced $8 million of 0% enhanced barrier digital securities due Jan. 3, 2020 linked to the worst performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final level of the lesser-performing index is greater than or equal to its barrier level, 60% of its initial level, the payout at maturity will be par plus 10.5%. Otherwise, investors will be fully exposed to the decline of the lesser-performing index from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital securities
Underlying indexes:	S&P 500, Dow Jones industrial average
Amount:	$8 million
Maturity:	Jan. 3, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of the lesser-performing index is greater than or equal to its barrier level, par plus 10.5%; otherwise, investors will be fully exposed to the decline of the lesser-performing index from its initial level
Initial levels:	2,656.00 for S&P, 24,601.27 for Dow
Barrier levels:	1,593.600 for S&P, 14,760.762 for Dow; 60% of initial levels
Strike date:	Feb. 12
Pricing date:	Feb. 13
Settlement date:	Feb. 16
Agent:	Citigroup Global Markets Inc.
Fees:	0.1%
Cusip:	17324CS31

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