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

New Issue: Citigroup prices $985,000 enhanced barrier digital securities on indexes, ETF

Chicago, April 25 – Citigroup Global Markets Holdings Inc. priced $985,000 of 0% enhanced barrier digital securities due May 30, 2025 linked to the worst performing of the Nasdaq-100 index, Russell 2000 index and VanEck Vectors Gold Miners ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset finishes above its 60% final barrier then the payout at maturity will be par plus the 39% digital payment. Otherwise, the notes will pay par less 1% for every 1% decline of the worst performing asset.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Enhanced barrier digital securities
Underlying assets:Nasdaq-100 index, Russell 2000 index and VanEck Vectors Gold Miners ETF
Amount:$985,000
Maturity:May 30, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset finishes at or above its 60% final barrier, par plus 39% digital return; 1% loss for every 1% that worst performing asset declines if it finishes below its final barrier
Initial levels:11,943.93 for Nasdaq, 1,799.164 for Russell, $32.59 for ETF
Final barriers:7,166.358 for Nasdaq, 1,079.498 for Russell, $19.554 for ETF, 60% of initial levels
Upside payment:39%
Pricing date:May 25, 2022
Settlement date:May 31, 2022
Agent:Citigroup Global Markets Inc.
Fees:0.95%
Cusip:17330FZH7

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