New Issue: Citigroup sells $510,000 enhanced barrier digital notes on two ETFs

By Wendy Van Sickle

Columbus, Ohio, July 30 – Citigroup Global Markets Holdings Inc. priced $510,000 of 0% enhanced barrier digital securities due Jan. 24, 2020 linked to the worst performing of the SPDR S&P Oil & Gas Exploration & Production ETF and the Energy Select Sector SPDR fund, 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 ETF is greater than or equal to its barrier level, 70% of its initial level, the payout at maturity will be par plus 13%. Otherwise, investors will be fully exposed to the decline of the lesser-performing ETF 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 ETFs:	SPDR S&P Oil & Gas Exploration & Production, Energy Select Sector SPDR fund
Amount:	$510,000
Maturity:	Jan. 24, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of the lesser-performing ETF is greater than or equal to its barrier level, par plus 13%; otherwise, investors will be fully exposed to the decline of the lesser-performing ETF from its initial level
Initial levels:	$42.50 for Oil and Gas, $74.89 for Energy
Barrier levels:	$29.750 for Oil and Gas, $52.423 for Energy; 70% of initial levels
Pricing date:	July 20
Settlement date:	July 25
Agent:	Citigroup Global Markets Inc.
Fees:	0.2%
Cusip:	17324XHR4

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