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Published on 5/30/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $515,000 0% buffer securities linked to Nasdaq-100, S&P 500

New York, May 30 – Citigroup Global Markets Holdings Inc. priced $515,000 of 0% buffer securities due July 13, 2027 linked to the Nasdaq-100 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 134% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 15% buffer and will lose 1% for every 1% that the worst performing index declines beyond the buffer.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Buffer securities
Underlying indexes:Nasdaq-100 index and S&P 500 index
Amount:$515,000
Maturity:July 13, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 134% of worst performing index return; par if worst performing index declines but finishes above the 15% buffer; otherwise exposure to decline in worst performing index beyond buffer
Upside leverage:134%
Cap:None
Initial levels:12,125.69 for Nasdaq-100 index, 3,899.38 for S&P 500 index
Buffer:15%
Buffer levels:10,306.837 for Nasdaq-100 index, 3,314.473 for S&P 500 index, 85% of initial level
Call:Non-callable
Pricing date:July 8, 2022
Settlement date:July 13, 2022
Agent:Citigroup Global Markets Inc.
Fees:0.5%
Cusip:17330PFJ3

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