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Published on 5/1/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $500,000 autocallable market-linked notes tied to three indexes

Chicago, May 1 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% autocallable market-linked notes due June 5, 2025 linked to the performance of the Dow Jones industrial average, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes will be automatically called at par plus a 7.5% call premium if each index closes at or above its initial level on June 5, 2023.

If the notes have not been called and each index finishes at or above its initial level, the payout at maturity will be par plus the return of the worst performer. Otherwise, investors will receive par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Autocallable market-linked notes
Underlying indexes:Dow Jones industrial average, Russell 2000 index, S&P 500 index
Amount:$500,000
Maturity:June 5, 2025
Coupon:0%
Price:Par
Payout at maturity:If all indexes finish flat or positive, par plus return of worst performer; otherwise, par
Call:Automatically at par plus a 7.5% call premium if each index closes at or above its initial level on June 5, 2023
Initial levels:33,248.28 for Dow, 4,176.82 for S&P, 1,897.674 for Russell
Pricing date:June 2, 2022
Settlement date:June 7, 2022
Underwriter:Citigroup Global Markets Inc.
Fees:0.25%
Cusip:17330FU25

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