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Published on 1/23/2024 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $557,000 enhanced barrier digital securities on indexes, fund

Chicago, Jan. 23 – Citigroup Global Markets Holdings Inc. priced $557,000 of 0% enhanced barrier digital securities due Jan. 13, 2025 linked to the worst performing of the Russell 2000 index, S&P 500 index and Utilities Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset finishes above its 70% final barrier then the payout at maturity will be par plus the 9.55% 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:Russell 2000 index, S&P 500 index and Utilities Select Sector SPDR Fund
Amount:$557,000
Maturity:Jan. 13, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset finishes at or above its 70% final barrier, par plus 9.55% digital return; 1% loss for every 1% that worst performing asset declines if it finishes below its final barrier
Initial levels:1,989.006 for Russell, 4,763.54 for S&P, $65.00 for utilities
Final barriers:1,392.304 for Russell, 3,334.478 for S&P, $45.500 for utilities, 70% of initial levels
Upside payment:9.55%
Pricing date:Jan. 8
Settlement date:Jan. 11
Agent:Citigroup Global Markets Inc.
Fees:0.5%
Cusip:17291TSR0

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