New York, Nov. 14 – Citigroup Global Markets Holdings Inc. priced $2.5 million of autocallable contingent coupon market-linked notes due Nov. 13, 2029 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
Investors will receive a coupon of 6.7% per year, paid monthly, if the index closes at or above its 80% coupon barrier on the related valuation date.
The securities will be called automatically at par if the index closes at or above its initial level on any monthly valuation date starting Nov. 7, 2023.
The payout at maturity will be par plus any contingent coupon otherwise due.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Autocallable contingent coupon market-linked notes
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| Underlying index: | Nasdaq-100 index
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| Amount: | $2.5 million
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| Maturity: | Nov. 13, 2029
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| Coupon: | 6.7% per year, paid monthly if the index closes at or above its 80% coupon barrier on the related valuation date
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| Price: | Par
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| Payout at maturity: | Par plus any contingent coupon otherwise due
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| Call: | Automatically at par if the index closes at or above its initial level on any monthly valuation date starting Nov. 7, 2023
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| Initial level: | 10,977.00
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| Coupon barrier: | 8,781.60, 80% of initial level
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| Pricing date: | Nov. 7
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| Settlement date: | Nov. 10
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 4%
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| Cusip: | 17330YT91
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