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Published on 12/19/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.18 million enhanced barrier digital securities linked to S&P 500

New York, Dec. 19 – Citigroup Global Markets Holdings Inc. priced $1.18 million of 0% enhanced barrier digital securities due Jan. 19, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 70% final barrier, the payout at maturity will be par plus the 10.3% digital payment.

Otherwise, investors will lose 1% for every 1% decline of the index 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:Enhanced barrier digital securities
Underlying index:S&P 500 index
Amount:$1,179,000
Maturity:Jan. 19, 2024
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above its 70% final barrier, par plus 10.3% digital return; otherwise, 1% loss for every 1% that index declines from initial level
Initial level:4,019.65
Upside payment:10.3%
Final barrier:2,813.755, 70% of initial level
Pricing date:Dec. 13
Settlement date:Dec. 16
Agent:Citigroup Global Markets Inc.
Fees:0.43%
Cusip:17330YWY2

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