New Issue: Citigroup prices $607,000 market-linked securities linked to Nasdaq, Russell, S&P

By Kiku Steinfeld

Chicago, March 11 – Citigroup Global Markets Holdings Inc. priced $607,000 of 0% market-linked securities due Aug. 1, 2024 linked to the Nasdaq-100 index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the worst performing index is positive, the payout at maturity will be par plus 100% of the index return subject to a maximum return of par plus 7.8%. Otherwise investors will receive 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:	Market-linked securities
Underlying indexes:	Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:	$607,000
Maturity:	Aug. 1, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 100% of index return subject to a maximum return of par plus 7.8%; minimum payout of par
Initial levels:	14,964.57 for Nasdaq-100 index, 1,858.709 for Russell 2000 index, 4,376.86 for S&P 500 index
Upside leverage:	100%
Cap:	7.8%
Pricing date:	June 28, 2023
Settlement date:	July 3, 2023
Agent:	Citigroup Global Markets Inc.
Fees:	1.475%
Cusip:	17291RJR4

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