New Issue: Citigroup prices $654,000 enhanced barrier digital notes on Russell, S&P

By Kiku Steinfeld

Chicago, March 8 – Citigroup Global Markets Holdings Inc. priced $654,000 of 0% enhanced barrier digital securities due Nov. 28, 2025 linked to the 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 60% final barrier then the payout at maturity will be par plus the 30% digital payment. 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 securities
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$654,000
Maturity:	Nov. 28, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its 60% final barrier, par plus 30% digital return; 1% loss for every 1% that worst performing index declines if it finishes below its final barrier
Initial levels:	1,863.517 for Russell, 4,027.26 for S&P
Upside payment:	30%
Final barriers:	1,118.110 for Russell, 2,416.356 for S&P, 60% of initial levels
Pricing date:	Nov. 23, 2022
Settlement date:	Nov. 29, 2022
Agent:	Citigroup Global Markets Inc.
Fees:	0.95%
Cusip:	17330YEE6

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