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Published on 1/30/2024 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $500,000 enhanced barrier digital securities linked to Nasdaq, ETFs

New York, Jan. 30 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% enhanced barrier digital securities due May 3, 2027 linked to the Nasdaq-100 index, VanEck Vectors Gold Miners ETF and iShares Russell 2000 Value ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset finishes above its 50% final barrier then the payout at maturity will be par plus the 44% digital payment. Otherwise the notes will pay par less 1% for every 1% decline of the worst performing asset.

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 securities
Underlying assets:Nasdaq-100 index, VanEck Vectors Gold Miners ETF and iShares Russell 2000 Value ETF
Amount:$500,000
Maturity:May 3, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset finishes at or above its 50% final barrier, par plus 44% digital return; 1% loss for every 1% that worst performing asset declines if it finishes below its final barrier
Initial levels:13,245.99 for Nasdaq-100 index, $33.58 for VanEck Vectors Gold Miners ETF, $133.56 for iShares Russell 2000 Value ETF
Upside payment:44%
Final barriers:6,622.995 for Nasdaq-100 index, $16.790 for VanEck Vectors Gold Miners ETF, $66.780 for iShares Russell 2000 Value ETF, 50% of initial levels
Pricing date:April 28, 2023
Settlement date:May 3, 2023
Agent:Citigroup Global Markets Inc.
Fees:0.95%
Cusip:17331HUB0

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