New Issue: Citi prices $1.27 million capped market-linked notes with principal return on Energy ETF

By Kiku Steinfeld

Chicago, March 17 – Citigroup Global Markets Holdings Inc. priced $1.27 million of 0% market-linked notes – upside participation to a cap and principal return at maturity due Dec. 5, 2025 linked to the Energy Select Sector SPDR fund, according to a 424B2 filing with the Notes and Exchange Commission.

The payout at maturity will be par plus any gain in the fund, subject to a maximum payout of par plus 32%.

Otherwise, investors will receive par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are the agents.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Market-linked notes – upside participation to a cap and principal return at maturity
Underlying fund:	Energy Select Sector SPDR fund
Amount:	$1,271,000
Maturity:	Dec. 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain in fund, capped at par plus 32%; otherwise, par
Initial level:	$91.15
Pricing date:	Nov. 30, 2022
Settlement date:	Dec. 5, 2022
Agents:	Citigroup Global Markets Inc. and Wells Fargo Securities, LLC
Fees:	3.7%
Cusip:	17330YMN7

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