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Published on 3/3/2023 in the Prospect News Structured Products Daily.

New Issue: Citi sells $610,000 buffered market-linked notes on S&P 500 index

Chicago, March 3 – Citigroup Global Markets Holdings Inc. priced $610,000 of 0% buffered market-linked securities due May 15, 2025 linked to the S&P 500 index, according to a 424B5 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum return of 25.5%.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%, with a minimum payout of $900 per $1,000 note.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Buffered market-linked notes
Underlying index:S&P 500 index
Amount:$610,000
Maturity:May 15, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 25.5%; par if index falls by up to 20%; exposure to losses beyond 20% with a minimum payout of $900 per $1,000 note
Initial level:3,930.08
Buffer level:3,144.064, 80% of initial level
Pricing date:May 12, 2022
Settlement date:May 17, 2022
Underwriter:Citigroup Global Markets Inc.
Fees:1.5%
Cusip:17330FTV3

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