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Published on 5/10/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $587,000 5% variable coupon market-linked notes on indexes

Chicago, May 10 – Citigroup Global Markets Holdings Inc. priced $587,000 of variable coupon market-linked notes due June 17, 2027 linked to the worst performing of 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 5% on each annual coupon payment date if the worst performing index closes above its initial level, otherwise 3%.

The payout at maturity will be par and the notes are non-callable.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Variable coupon market-linked notes
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$587,000
Maturity:June 17, 2027
Coupon:5% on each annual coupon payment date if the worst performing index closes above its initial level, otherwise 3%
Price:Par
Payout at maturity:Par
Initial levels:11,311.69 for Nasdaq, 1,707.829 for Russell, 3,735.48 for S&P
Call:Non-callable
Pricing date:June 14, 2022
Settlement date:June 17, 2022
Agent:Citigroup Global Markets Inc.
Fees:1.125%
Cusip:17330PQ77

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