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Published on 3/15/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $652,000 enhanced barrier digital plus securities linked to Stoxx

By Kiku Steinfeld

Chicago, March 15 – Citigroup Global Markets Holdings Inc. $652,000 of 0% enhanced barrier digital plus securities due Dec. 2, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 80% final barrier, the payout at maturity will be par plus the greater of the 40% digital payment and the index return.

Otherwise, investors will lose 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:$652,000
Maturity:Dec. 2, 2027
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above its 80% final barrier, par plus the greater of the 40% digital return and the index return; otherwise, 1% loss for every 1% that index declines from initial level
Initial level:3,934.44
Upside payment:40%
Final barrier:3,147.552, 80% of initial level
Pricing date:Nov. 29, 2022
Settlement date:Dec. 2, 2022
Agent:Citigroup Global Markets Inc.
Fees:3%
Cusip:17330YMM9

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