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Published on 5/17/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.09 million enhanced barrier digital plus notes linked to Facebook

Chicago, May 17 – Citigroup Global Markets Holdings Inc. priced $1.09 million of 0% enhanced barrier digital plus securities due Nov. 25, 2022 linked to the common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than or equal to the final barrier value, 76% of the initial share price, the payout at maturity will be par plus 11.3%.

If the final share price is less than the final barrier value, investors will be fully exposed to the losses of the stock.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Enhanced barrier digital plus securities
Underlying stock:Facebook, Inc.
Amount:$1,085,000
Maturity:Nov. 25, 2022
Coupon:0%
Price:Par
Payout at maturity:If final share price is greater than or equal to final barrier value, par plus 11.3%; if final share price is less than final barrier value, full exposure to losses of stock
Initial share price:$340.78
Final barrier value:$258.993; 76% of initial share price
Pricing date:Oct. 20, 2021
Settlement date:Oct. 25, 2021
Underwriter:Citigroup Global Markets Inc.
Fees:0.43%
Cusip:17329UDM0

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