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Published on 2/8/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $2.2 million barrier digital securities linked to Russell, S&P

New York, Feb. 8 – Citigroup Global Markets Holdings Inc. priced $2.2 million of 0% barrier digital securities due Feb. 8, 2028 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index finishes flat or gains, the payout at maturity will be par plus 60.95%.

Investors will receive par if the worst performing index declines but ends at or above the 70% 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 digital securities
Underlying indexes:Russell 2000 index and S&P 500 index
Amount:$2.2 million
Maturity:Feb. 8, 2028
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes flat or gains, par plus 60.95%; par if worst performing index declines but finishes at or above the 70% barrier; otherwise, 1% loss for every 1% decline of worst performing index from initial level
Initial levels:1,985.534 for Russell 2000 index, 4,136.48 for S&P 500 index
Final barriers:1,389.874 for Russell 2000 index, 2,895.536 for S&P 500 index, 70% of initial level
Pricing date:Feb. 3
Settlement date:Feb. 8
Agent:Citigroup Global Markets Inc.
Fees:1.125%
Cusip:17331C6E2

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