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Published on 10/11/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $1.45 million market-linked securities on S&P, Stoxx

By Kiku Steinfeld

Chicago, Oct. 11 – Citigroup Global Markets Holdings Inc. priced $1.45 million of market-linked securities due Feb. 22, 2027 linked to the least performing of the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 148.6% of the any gain of the least performing index.

If the worst performer declines, investors will lose 1% for every 1% decline of the worst performer to a minimum payout of 90% of 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:S&P 500 index, Euro Stoxx 50 index
Amount:$1,452,000
Maturity:Feb. 22, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus 148.6% of any gain of least performing index; otherwise, lose 1% for every 1% decline of the worst performer to a minimum payout of 90% of par
Initial levels:4,113.19 for Stoxx, 4,380.26 for S&P
Pricing date:Feb. 17
Settlement date:Feb. 23
Agent:Citigroup Global Markets Inc.
Fees:1%
Cusip:17330AE24

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