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Published on 6/10/2021 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $410,000 contingent barrier digital notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, June 10 – Citigroup Global Markets Holdings Inc. priced $410,000 of 0% contingent barrier digital notes due June 2, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to 80% of the initial index level, the payout at maturity will be par plus 5.1%.

If the final index level is less than the 80% barrier level, investors will lose 1% for every 1% that the index declines from its initial level.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Contingent barrier digital notes
Underlying index:S&P 500 index
Amount:$410,000
Maturity:June 2, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 5.1% unless index falls by more than 20%, in which case 1% loss for every 1% that index declines from initial level
Initial level:4,173.85
Barrier value:3,339.08, 80% of initial level
Final level:Average of index closing levels for five trading days ending May 27, 2022
Pricing date:May 14
Settlement date:May 19
Agent:Citigroup Global Markets Inc.
Fees:1%
Cusip:17329FG32

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