New Issue: Citigroup prices $410,000 0% barrier digital securities linked to Apple

Chicago, Aug. 29 – Citigroup Global Markets Holdings Inc. priced $410,000 of 0% barrier digital securities due Feb. 23, 2024 linked to the common stock of Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock gains the payout at maturity will be par plus 18%. Investors will receive par if the stock declines but ends above the 65% barrier and will lose 1% for every 1% that the stock declines if it finishes below the barrier, payable as 5.74218 shares or cash at the issuer’s option.

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 digital securities
Underlying stock:	Apple Inc.
Amount:	$410,000
Maturity:	Feb. 23, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If stock gains, par plus 18%; par if stock declines but finishes above the 65% barrier; otherwise, exposure to decline in stock payable as 5.74218 shares or cash at the issuer’s option
Initial level:	$174.15
Final barrier:	$113.198, 65% of initial level
Digital payment:	18%
Cap:	None
Call:	Non-callable
Pricing date:	Aug. 18, 2022
Settlement date:	Aug. 23, 2022
Agent:	Citigroup Global Markets Inc.
Fees:	1.5%
Cusip:	17330DEN2

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