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Published on 8/8/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.84 million market-linked securities tied to S&P

Chicago, Aug. 8 – Citigroup Global Markets Holdings Inc. priced $1.84 million of 0% market-linked securities due Oct. 31, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the index is positive, the payout at maturity will be par plus the index return subject to a maximum return of par plus 7%. Otherwise, investors will receive par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Market-linked securities
Underlying index:S&P 500 index
Amount:$1,838,000
Maturity:Oct. 31, 2024
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus index return subject to a maximum return of par plus 7%; minimum payout of par
Initial level:4,566.75
Upside leverage:100%
Cap:7%
Pricing date:July 26
Settlement date:July 31
Agent:Citigroup Global Markets Inc.
Fees:1.5%
Cusip:17291RL75

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