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Published on 6/5/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $472,000 buffered digital securities on the Dow

By Wendy Van Sickle

Columbus, Ohio, June 5 – Citigroup Global Markets Holdings Inc. priced $472,000 of 0% buffered digital securities due June 3, 2022 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final index level is greater than or equal to 85% of the initial level, the payout at maturity will be par plus the digital return amount of 15%. Investors will be exposed to any losses beyond the 15% buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Buffered digital securities
Underlying index:Dow Jones industrial average
Amount:$472,000
Maturity:June 3, 2022
Coupon:0%
Price:Par
Payout at maturity:If the final index level is greater than or equal to the buffer level, par plus 15%; exposure to any losses beyond the 15% buffer
Initial level:25,347.77
Buffer level:21,545.605, 85% of initial level
Pricing date:May 28
Settlement date:May 31
Underwriter:Citigroup Global Markets Inc.
Fees:3%
Cusip:17326YQS8

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