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Published on 1/23/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $416,000 variable coupon market-linked notes linked to S&P

Chicago, Jan. 23 – Citigroup Global Markets Holdings Inc. priced $416,000 of variable coupon market-linked notes due April 27, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 4% on each annual coupon payment date if the index closes above its initial level, otherwise 1%.

The payout at maturity will be par plus the applicable coupon and the notes are non-callable.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Variable coupon market-linked notes
Underlying index:S&P 500 index
Amount:$416,000
Maturity:April 27, 2027
Coupon:4% on each annual coupon payment date if the index closes above its initial level, otherwise 1%
Price:Par plus applicable coupon
Payout at maturity:Par
Initial level:4,271.78
Call:Non-callable
Pricing date:April 22, 2022
Settlement date:April 27, 2022
Agent:Citigroup Global Markets Inc.
Fees:3%
Cusip:17330F3A7

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