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Published on 11/2/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.2 million enhanced barrier digital plus securities on indexes

Chicago, Nov. 2 – Citigroup Global Markets Holdings Inc. priced $1.2 million of 0% enhanced barrier digital plus securities due March 4, 2027 linked to the worst performing of the Nasdaq-100 index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index finishes above its 70% final barrier then the payout at maturity will be par plus the greater of the 32.15% digital payment and the worst performing index return. Otherwise, the notes will pay par less 1% for every 1% decline of the worst performing 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 indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$1,202,000
Maturity:March 4, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 70% final barrier, par plus the greater of the 32.15% digital return and the worst performing index return; 1% loss for every 1% that worst performing index declines if it finishes below its final barrier
Initial levels:14,005.99 for Nasdaq, 2,008.506 for Russell, 4,306.26 for S&P
Upside payment:32.15%
Final barriers:9,804.193 for Nasdaq, 1,405.954 for Russell, 3,014.382 for S&P, 70% of initial levels
Pricing date:March 1
Settlement date:March 4
Agent:Citigroup Global Markets Inc.
Fees:1.125%
Cusip:17330ANE8

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