New Issue: Citigroup prices $1.1 million upturn securities linked to Stoxx 50, EAFE ETF

By Kiku Steinfeld

Chicago, Nov. 7 – Citigroup Global Markets Holdings Inc. priced $1.1 million of 0% upturn securities due March 12, 2024 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlier finishes at or above its initial level, the payout at maturity will be par plus 250% of the laggard underlier’s return.

Investors will be fully exposed to the losses of the worst performer.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Upturn securities
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$1,098,000
Maturity:	March 12, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 250% of the gain of the least performing underlier; full exposure to decline of worst performer from its initial level
Initial index levels:	$66.84 for ETF, 3,512.22 for index
Pricing date:	March 7, 2022
Settlement date:	March 10, 2022
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.8%
Cusip:	17330AHS4

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