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Published on 11/17/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.27 million upturn securities linked to Stoxx, EAFE ETF

Chicago, Nov. 17 – Citigroup Global Markets Holdings Inc. priced $1.27 million of 0% upturn securities due March 7, 2025 linked to the worst performing of 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 278% 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:$1,268,000
Maturity:March 7, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus 278% of the gain of the least performing underlier; full exposure to decline of worst performer from its initial level
Initial index levels:$69.03 for ETF, 3,556.01 for index
Pricing date:March 4
Settlement date:March 9
Underwriter:Citigroup Global Markets Inc.
Fees:1.2%
Cusip:17330ATV4

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