New Issue: Citigroup prices $6.78 million buffered digital notes linked to oil ETF

By Angela McDaniels

Tacoma, Wash., July 3 – Citigroup Global Markets Holdings Inc. priced $6.78 million of 0% buffered digital notes due Aug. 2, 2018 linked to the SPDR S&P Oil & Gas Exploration & Production exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the ETF return is greater than or equal to negative 10%, the payout will be $1,136 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1111% for every 1% that the ETF declines beyond 10%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffered digital notes
Underlying ETF:	SPDR S&P Oil & Gas Exploration & Production ETF
Amount:	$6,775,000
Maturity:	Aug. 2, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF return is greater than or equal to negative 10%, $1,136 per $1,000 principal amount of notes; otherwise, 1.1111% loss for every 1% that ETF declines beyond 10%
Initial share price:	$31.70
Pricing date:	June 29
Settlement date:	July 7
Underwriter:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17324CKM7

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