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Published on 4/25/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.87 million 10.3% autocallable contingent coupon notes on indexes

New York, April 25 – Citigroup Global Markets Holdings Inc. priced $1.87 million of autocallable contingent coupon equity linked securities due April 23, 2026 linked to the Nasdaq-100 index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 10.3% paid quarterly if the worst performing index closes at or above its 75% coupon barrier on the related valuation date.

The securities will be called automatically starting Oct. 19, 2023 if the price of the worst performing index is greater than or equal to its initial price on any quarterly valuation date.

If the worst performing index finishes at or above its 70% final barrier the payout at maturity will be par. Otherwise investors will lose 1% loss for every 1% that the worst performing index declines.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Autocallable contingent coupon equity linked securities
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$1,866,000
Maturity:April 23, 2026
Coupon:10.3% paid quarterly if the worst performing index closes at or above its 75% coupon barrier on the related valuation date
Price:Par
Payout at maturity:If worst performing index finishes at or above final barrier par; 1% loss for every 1% that worst performing index declines if it ends below final barrier
Call:Automatically starting Oct. 19, 2023 if the price of the worst performing index is greater than or equal to its initial price on any quarterly valuation date
Initial levels:13,088.71 for Nasdaq-100 index, 1,799.442 for Russell 2000 index, 4,154.52 for S&P 500 index
Coupon barriers:9,816.533 for Nasdaq-100 index, 1,349.582 for Russell 2000 index, 3,115.890 for S&P 500 index, 75% of initial levels
Final barriers:9,162.097 for Nasdaq-100 index, 1,259.609 for Russell 2000 index, 2,908.164 for S&P 500 index, 70% of initial levels
Pricing date:April 19
Settlement date:April 24
Agent:Citigroup Global Markets Inc.
Fees:2.7%
Cusip:17331HND4

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