New Issue: Citigroup prices $1.65 million barrier digital securities on S&P 500 index

By Wendy Van Sickle

Columbus, Ohio, May 4 – Citigroup Global Markets Holdings Inc. priced $1.65 million of 0% barrier digital securities due June 4, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the underlying value is greater than or equal to the initial underlying value, the payout at maturity will be par plus the digital return of 54.5%.

If the final underlying value is less than the initial value, but greater than or equal to the 75% barrier value, the payout will be par. Otherwise, investors will have full exposure to loss.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier digital securities
Underlying index:	S&P 500 index
Amount:	$1,654,000
Maturity:	June 4, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If the underlying value is greater than or equal to the initial underlying value, the payout at maturity will be par plus the digital return of 54.5%; if the final underlying value is less than the initial value, but greater than or equal to the 75% barrier value, the payout will be par; otherwise, investors will have full exposure to loss
Initial share price:	4,393.66
Final barrier value:	3,295.245, or 75% of initial share price
Strike date:	April 21
Pricing date:	April 22
Settlement date:	April 27
Underwriter:	Citigroup Global Markets Inc.
Fees:	0%
Cusip:	17330F4N8

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