New Issue: Citigroup prices $8,000 0% buffer securities linked to Nasdaq, Russell

By Kiku Steinfeld

Chicago, Oct. 30 – Citigroup Global Markets Holdings Inc. priced $8,000 of 0% buffer securities due Oct. 3, 2024 linked to the Nasdaq-100 index and Russell 2000 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 110% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 10% 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 Russell 2000 index
Amount:	$8,000
Maturity:	Oct. 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 110% of worst performing index return; par if worst performing index declines but finishes above the 10% buffer; otherwise exposure to decline in worst performing index beyond buffer
Upside leverage:	110%
Cap:	None
Initial levels:	13,181.35 for Nasdaq-100 index, 1,802.484 for Russell
Buffer:	10%
Buffer levels:	11,863.215 for Nasdaq-100 index, 1,622.236 for Russell, 90% of initial level
Pricing date:	March 31, 2023
Settlement date:	April 5, 2023
Agent:	Citigroup Global Markets Inc.
Fees:	0.5%
Cusip:	17331CUV7

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