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Published on 3/7/2023 in the Prospect News Structured Products Daily.

New Issue: Citi prices $444,000 market-linked notes on unequally weighted index basket

Chicago, March 7 – Citigroup Global Markets Holdings Inc. priced $444,000 of 0% market-linked notes due June 16, 2028 linked to an unequally weighted index basket comprised of the Euro Stoxx 50 index (30% weight), Russell 2000 index (20% weight) and the S&P 500 index (50% weight), according to a 424B2 filing with the Securities and Exchange Commission.

If the final basket value is greater than its initial value, investors will receive par plus the basket return.

Otherwise, investors will receive par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Market-linked notes
Underlying indexes:S&P 500 index (50% weight), Russell 2000 index (20% weight), Euro Stoxx 50 index (30% weight)
Amount:$444,000
Maturity:June 16, 2028
Coupon:0%
Price:Par
Payout at maturity:Par plus basket return if basket closes above initial level; otherwise, par
Initial levels:3,703.42 for Stoxx, 1,792.666 for Russell, 4,023.89 for S&P
Pricing date:May 13, 2022
Settlement date:May 18, 2022
Underwriter:Citigroup Global Markets Inc.
Fees:0.25%
Cusip:17330FMB4

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