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Published on 1/23/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $497,000 barrier securities linked to Dow, Nasdaq, Russell

Chicago, Jan. 23 – Citigroup Global Markets Holdings Inc. priced $497,000 of 0% barrier securities due April 26, 2027 linked to the worst performing of the Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus 145% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 60% barrier and will lose 1% for every 1% that the worst performing index declines if it finishes below the barrier.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier securities
Underlying indexes:Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index
Amount:$497,000
Maturity:April 26, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 145% of worst performing index return; par if worst performing index declines but finishes above the 60% barrier; otherwise, exposure to decline in worst performing index
Upside leverage:145%
Cap:None
Initial levels:34,792.76 for Dow, 13,720.45 for Nasdaq, 1,991.462 for Russell
Final barriers:20,875.656 for Dow, 8,232.270 for Nasdaq, 1,194.877 for Russell, 60% of initial levels
Call:Non-callable
Pricing date:April 21, 2022
Settlement date:April 26, 2022
Agent:Citigroup Global Markets Inc.
Fees:4.125%
Cusip:17330FCW9

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