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Published on 8/27/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $348,000 digital notes linked to Nasdaq, Russell

By Kiku Steinfeld

Chicago, Aug. 28 – Citigroup Global Markets Holdings Inc. priced $348,000 of 0% digital notes due March 4, 2026 linked to the Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index falls flat or gains, the payout at maturity will be par plus 20.5%. Otherwise the payout will be par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Digital notes
Underlying indexes:Nasdaq-100 index and Russell 2000 index
Amount:$348,000
Maturity:March 4, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index falls flat or gains, par plus 20.5%; otherwise par
Initial levels:12,057.79 for Nasdaq, 1,896.269 for Russell
Digital payment:20.5%
Pricing date:Feb. 27, 2023
Settlement date:March 2, 2023
Agent:Citigroup Global Markets Inc.
Fees:2.25%
Cusip:17331CP43

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