New Issue: Citigroup prices $1.54 million barrier digital plus notes linked to indexes

By Kiku Steinfeld

Chicago, March 23 – Citigroup Global Markets Holdings Inc. priced $1.54 million of 0% barrier digital plus securities due March 13, 2026 linked to the least performing of the Russell 2000 index, the Nasdaq-100 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the least-performing index is greater than or equal to 129.6% of its initial level, the payout at maturity will be par plus the 29.6% digital return plus 1.75 times each 1% increase of the worst performer over the 129.6% upside barrier value.

If the worst performer finishes above its initial level but at less than the 129.6% upside barrier level, investors will receive par plus the 29.6% digital return.

If the final level of the least-performing index is less than its initial level but greater than or equal to its barrier value, 60% of its initial level, the payout will be par.

If the final level of the least-performing index is less than its barrier value, investors will be exposed to the decline of the least-performing index from its initial level.

The notes will be guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Barrier digital plus securities
Underlying indexes:	Russell 2000, Nasdaq-100 and Dow Jones industrial average
Amount:	$1,543,000
Maturity:	March 13, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of least-performing index is greater than or equal to129.6% of initial level, par plus 29.6% digital return plus 1.75 times for each 1% increase over 129.6% upside barrier; if final level of worst performer is above initial level but below 129.6% upside barrier, par plus 29.6% digital return; if final level of least-performing index is less than initial level but greater than or equal to barrier value, par; if final level of least-performing index is less than barrier value, exposure to decline of least-performing index from initial level
Upside barrier levels:	2,962.245 for Russell, 16,526.683 for Nasdaq and 41,856.938 for Dow, or 129.6% of initial levels
Initial levels:	2,285.683 for Russell, 12,752.07 for Nasdaq and 32,297.02 for Dow
Barrier values:	1,371.410 for Russell, 7,651.242 for Nasdaq and 19,378.212 for Dow, or 60% of initial levels
Pricing date:	March 10
Settlement date:	March 15
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.125%
Cusip:	17328YSY1

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