New Issue: Citigroup prices $100,000 market-linked securities linked to Nasdaq, Russell, S&P

By Kiku Steinfeld

Chicago, Oct. 2 – Citigroup Global Markets Holdings Inc. priced $100,000 of 0% market-linked securities due March 25, 2024 linked to the Nasdaq-100 index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the worst performing index is positive, the payout at maturity will be par plus 100% of the worst performing index return subject to a maximum return of par plus 27%. Otherwise investors will be exposed to the decline in the worst performing index with a maximum loss of 10%.

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 indexes:	Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:	$100,000
Maturity:	March 25, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 100% of index return subject to a maximum return of par plus 27%; exposure to loss if worst performing index declines with a maximum loss of 10%
Initial levels:	12,519.88 for Nasdaq index, 1,725.891 for Russell, 3,916.64 for S&P
Upside leverage:	100%
Cap:	27%
Floor:	10%
Pricing date:	March 17, 2023
Settlement date:	March 22, 2023
Agent:	Citigroup Global Markets Inc.
Fees:	0.65%
Cusip:	17331CZM2

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