New Issue: Citigroup prices $41.96 million dual directional trigger PLUS linked to S&P 500

New York, Nov. 22 – Citigroup Global Markets Holdings Inc. priced $41.96 million of 0% dual directional trigger PLUS due May 3, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of par plus 19.5%.

Investors will receive a 1% gain for each 1% loss if the index declines but finishes at or above the 75% principal barrier and will lose 1% for every 1% decline if the index ends below its principal barrier.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Dual directional trigger PLUS
Underlying index:	S&P 500 index
Amount:	$41,957,070
Maturity:	May 3, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 150% of index return, subject to a maximum return of par plus 19.5%; 1% gain for each 1% loss if index declines but ends at or above principal barrier; otherwise, full exposure to index decline from initial level
Initial level:	3,871.98
Principal barrier:	2,903.985, 75% of initial level
Upside leverage:	150%
Cap:	19.5%
Pricing date:	Oct. 31
Settlement date:	Nov. 3
Agent:	Citigroup Global Markets Inc.
Dealer:	Morgan Stanley Wealth Management
Fees:	2.5% including a structuring fee of 0.5%
Cusip:	17330U447

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