New Issue: Citigroup prices $431,000 autocallable securities linked to MSCI EAFE, Nasdaq, S&P

By Kiku Steinfeld

Chicago, Jan. 22 – Citigroup Global Markets Holdings Inc. priced $431,000 of 0% autocallable securities due June 7, 2028 linked to the MSCI EAFE index, Nasdaq-100 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The securities will be called automatically at par plus 10% if the worst performing index closes at or above its initial value on June 6, 2024.

If the notes are not called and the best performing index gains, the payout at maturity will be par plus the return of the best performer.

If the best performing index declines, investors will lose 1% for every 1% of its decline 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:	Autocallable securities
Underlying indexes:	MSCI EAFE index, Nasdaq-100 index and S&P 500 index
Amount:	$431,000
Maturity:	June 7, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain of best performing index if notes are not called; otherwise, 1% loss for every 1% that best performing index declines
Call:	Automatically at par plus 10% if the worst performing index closes at or above its initial value on June 6, 2024
Initial levels:	2,097.69 for MSCI EAFE index, 14,546.64 for Nasdaq index, 4,282.37 for S&P
Pricing date:	June 2, 2023
Settlement date:	June 7, 2023
Agent:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17291REQ1

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