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Published on 8/10/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $133,000 barrier digital plus notes on S&P, Russell

Chicago, Aug. 10 – Citigroup Global Markets Holdings Inc. priced $133,000 of 0% barrier digital plus securities due Dec. 23, 2027 linked to the worst performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final level of each index is greater than its initial level, the payout at maturity will be par plus the greater of the return of the worst performing index and 35%.

If any index falls by up to 25%, the payout will be par.

If any index falls by more than 25%, investors will be fully exposed to the losses of the worst performer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier digital plus securities
Underlying indexes:S&P 500 index, Russell 2000 index
Amount:$133,000
Maturity:Dec. 23, 2027
Coupon:0%
Price:Par
Payout at maturity:If the final level of each index is greater than its initial level, par plus the greater of the return of the worst performing index and 35%; if any index falls but not beyond barrier level, par; if any index falls by more than barrier, full exposure to losses of worst performer
Initial levels:4,568.02 for S&P, 2,139.875 for Russell
Barrier levels:3,426.015 for S&P, 1,604.906 for Russell; 75% of initial levels
Pricing date:Dec. 20, 2021
Settlement date:Dec. 23, 2021
Agent:Citigroup Global Markets Inc.
Fees:4.35%
Cusip:17329U6T3

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