New Issue: Citigroup prices $389,000 enhanced barrier digital securities on index, ETFs

By Kiku Steinfeld

Chicago, Feb. 7 – Citigroup Global Markets Holdings Inc. priced $389,000 of 0% enhanced barrier digital securities due Nov. 13, 2026 linked to the S&P 500 index, VanEck Vectors Gold Miners ETF and iShares Russell 2000 Value ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset finishes above its 50% final barrier, then the payout at maturity will be par plus the 55.5% digital payment. Otherwise the notes will pay par less 1% for every 1% decline of the worst performing asset.

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 assets:	S&P 500 index, VanEck Vectors Gold Miners ETF and iShares Russell 2000 Value ETF
Amount:	$389,000
Maturity:	Nov. 13, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing asset finishes at or above its 50% final barrier, par plus 55.5% digital return; 1% loss for every 1% that worst performing asset declines if it finishes below its final barrier
Initial levels:	3,828.11 for S&P, $26.66 for VanEck, $143.41 for iShares
Upside payment:	55.5%
Final barriers:	1,914.055 for S&P, $13.330 for VanEck, $71.705 for iShares, 50% of initial levels
Pricing date:	Nov. 8, 2022
Settlement date:	Nov. 14, 2022
Agent:	Citigroup Global Markets Inc.
Fees:	0.95%
Cusip:	17330YLT5

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