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Published on 11/22/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.02 million enhanced barrier digital plus notes linked to Euro Stoxx

New York, Nov. 22 – Citigroup Global Markets Holdings Inc. priced $1.02 million of 0% enhanced barrier digital plus securities due April 4, 2028 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its 80% final barrier level, then the payout at maturity will be par plus the greater of the 36% digital payment and the index return, subject to a maximum return of 75%. Otherwise the notes will pay par less 1% for every 1% decline of the index.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Enhanced barrier digital plus securities
Underlying index:Euro Stoxx 50 index
Amount:$1,018,000
Maturity:April 4, 2028
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above its 80% final barrier level, par plus the greater of the 36% digital return and the index return, subject to cap of 75%; 1% loss for every 1% that index declines if it finishes below its final barrier
Initial level:4,285.42
Final barrier level:3,428.336, 80% of initial level
Upside payment:36%
Pricing date:March 30
Settlement date:April 4
Agent:Citigroup Global Markets Inc.
Fees:3%
Cusip:17331CZP5

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