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Published on 9/20/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $2.43 million market-linked securities on Nasdaq, S&P

By Wendy Van Sickle

Columbus, Ohio, Sept. 20 – Citigroup Global Markets Holdings Inc. priced $2.43 million of market-linked securities due Sept. 3, 2026 linked to the least performing of the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 102% of the return of the least performing index.

If the worst performer declines, investors will lose 1% for every 1% decline of the worst performer to a minimum payout of 95% of par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Market-linked securities
Underlying indexes:S&P 500 index, Nasdaq-100 index
Amount:$2.43 million
Maturity:Sept. 3, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 102% of the return of the least performing index; otherwise, lose 1% for every 1% decline of the worst performer to a minimum payout of 95% of par
Initial levels:12,342.7 for Nasdaq, 3,986.16 for S&P
Pricing date:Aug. 30
Settlement date:Sept. 2
Agent:Citigroup Global Markets Inc.
Fees:0.75%
Cusip:17330R6F7

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