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Published on 4/27/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $683,000 0% barrier securities on Dow, Russell, S&P

Chicago, April 27 – Citigroup Global Markets Holdings Inc. priced $683,000 of 0% barrier securities due June 1, 2027 linked to the worst performing of the Dow Jones industrial average, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus 150% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 70% barrier and will lose 1% for every 1% that the worst performing index declines if it finishes below the barrier.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier securities
Underlying indexes:Dow Jones industrial average, Russell 2000 index and S&P 500 index
Amount:$683,000
Maturity:June 1, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 150% of worst performing index return; par if worst performing index declines but finishes above the 70% barrier; otherwise, exposure to decline in worst performing index
Upside leverage:150%
Cap:None
Initial levels:32,637.19 for Dow, 1,838.238 for Russell, 4,057.84 for S&P
Final barriers:22,846.033 for Dow, 1,286.767 for Russell, 2,840.488 for S&P, 70% of initial levels
Call:Non-callable
Pricing date:May 26, 2022
Settlement date:June 1, 2022
Agent:Citigroup Global Markets Inc.
Fees:1.125%
Cusip:17330F2K6

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