New Issue: Citigroup sells $399,000 dual directional buffer digital plus notes on indexes

Chicago, Oct. 16 – Citigroup Global Markets Holdings Inc. priced $399,000 of 0% dual directional buffer digital plus securities due Oct. 13, 2027 linked to the least performing of the Dow Jones industrial average, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the least-performing index’s final level is greater than its initial level, the payout at maturity will be par plus the greater of that index’s return and 57.25%.

If the least-performing index’s final level is less than or equal to its initial level but greater than or equal to its final buffer level, 80% of its initial level, the payout will be par plus the absolute value of the least-performing index’s return.

If the least-performing index’s final level is less than its final buffer level, investors will lose 1% for every 1% that the least-performing index declines beyond 20%.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Dual directional buffer digital plus securities
Underlying indexes:	Dow Jones industrial average, Russell 2000 index and Nasdaq-100 index
Amount:	$399,000
Maturity:	Oct. 13, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If least-performing index’s final level is greater than or equal to initial level, par plus greater of that index’s return and 57.25%; if least-performing index’s final level is less than initial level but greater than or equal to final buffer level, par plus absolute value of least-performing index’s return; if least-performing index’s final level is less than final buffer level, 1% loss for every 1% that least-performing index declines beyond buffer
Initial index levels:	29,296.79 for Dow, 1,702.15 for Russell and 11,039.47 for Nasdaq
Final buffer levels:	23,437.432 for Dow, 1,361.72 for Russell and 8,831.576 for Nasdaq, or 80% of initial index levels
Pricing date:	Oct. 7, 2022
Settlement date:	Oct. 13, 2022
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.125%
Cusip:	17330RYG4

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