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Published on 11/7/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $208,000 dual directional market-linked notes tied to S&P Risk Control

Chicago, Nov. 7 – Citigroup Global Markets Holdings Inc. priced $208,000 of 0% dual directional market-linked notes due Oct. 23, 2025 linked to the S&P 500 Daily Risk Control 5% Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 136% of the absolute value of the index return, whether the index decreases or increases.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Dual directional market-linked notes
Underlying index:S&P 500 Daily Risk Control 5% Excess Return index
Amount:$208,000
Maturity:Oct. 23, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus 136% of the absolute value of the index’s return
Initial level:155.98
Pricing date:Oct. 20, 2022
Settlement date:Oct. 25, 2022
Underwriter:Citigroup Global Markets Inc.
Fees:3%
Cusip:17330RZ57

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