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Published on 3/14/2024 in the Prospect News Structured Products Daily.

New Issue: Citi prices $4.36 million callable contingent coupon equity linked securities on indexes

New York, March 14 – Citigroup Global Markets Holdings Inc. priced $4.36 million of callable contingent coupon equity linked securities due Aug. 28, 2025 linked to the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 11%, paid monthly, if the worst performing index closes at or above its 70% coupon barrier on the related valuation date.

The securities may be called at par on any monthly review date starting Aug. 23, 2024.

If the notes have not been called, the payout at maturity will be par unless any index closes below its 67% final barrier on any trading day during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the worst performing index declines from initial level.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Callable contingent coupon equity linked securities
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$4,358,000
Maturity:Aug. 28, 2025
Coupon:11%, paid monthly if the worst performing index closes at or above its 70% coupon barrier on the related valuation date
Price:Par
Payout at maturity:Par unless any index closes below its 67% final barrier on any trading day during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the worst performing index declines from initial level
Call option:At par on any monthly review date starting Aug. 23, 2024
Initial levels:17,937.61 for Nasdaq-100 index, 2,016.688 for Russell 2000 index, 5,088.80 for S&P 500 index
Coupon barriers:12,556.327 for Nasdaq-100 index, 1,411.682 for Russell 2000 index, 3,562.160 for S&P 500 index, 70% of initial levels
Final barriers:12,018.199 for Nasdaq-100 index, 1,351.181 for Russell 2000 index, 3,409.496 for S&P 500 index, 67% of initial levels
Pricing date:Feb. 23
Settlement date:Feb. 28
Agent:Citigroup Global Markets Inc.
Fees:0%
Cusip:17291L6G5

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