New Issue: Citigroup sells $479,000 autocallable market-linked notes on S&P, Russell, Nasdaq

By Kiku Steinfeld

Chicago, April 18 – Citigroup Global Markets Holdings Inc. priced $479,000 of 0% autocallable market-linked securities due July 22, 2025 linked to the Nasdaq-100 index, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes will be called at par plus a 6.75% call premium if each index closes at or above its initial level on July 17, 2024.

The payout at maturity will be par plus any index gain in the least performing index capped at 18.3%. If the least performing index finishes flat or falls, the payout will be par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Autocallable market-linked securities
Underlying indexes:	S&P 500 index, Russell 2000 index, Nasdaq-100 index
Amount:	$479,000
Maturity:	July 22, 2025
Coupon:	0%
Price:	Par
Call:	At par plus 6.75% if least performing index closes at or above initial level on July 17, 2024
Payout at maturity:	Par plus any index gain in the least performing index capped at 18.3%; if least performing index finishes flat or falls, par
Initial levels:	15,713.28 for Nasdaq, 1,951.269 for Russell, 4,522.79 for S&P
Pricing date:	July 17, 2023
Settlement date:	July 20, 2023
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.95%
Cusip:	17291RMY5

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