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Published on 7/12/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $21.91 million 8.6% autocallable contingent coupon equity linked securities linked to indexes

New York, July 12 – Citigroup Global Markets Holdings Inc. priced $21.91 million of autocallable contingent coupon equity linked securities due July 3, 2025 linked to the Nasdaq-100 index, S&P 500 index and S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.6% paid quarterly if the worst performing index closes at or above its 75% coupon barrier on the related valuation date.

The securities will be called automatically starting Sept. 29 if the price of the worst performing index is greater than or equal to its initial price and on any subsequent quarterly valuation date.

If the worst performing index finishes at or above its 75% final barrier the payout at maturity will be par. Otherwise investors will lose 1% loss for every 1% that the worst performing index declines.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Autocallable contingent coupon equity linked securities
Underlying indexes:Nasdaq-100 index, S&P 500 index and S&P MidCap 400 index
Amount:$21,911,000
Maturity:July 3, 2025
Coupon:8.6% paid quarterly if the worst performing index closes at or above its 75% coupon barrier on the related valuation date
Price:Par
Payout at maturity:If worst performing index finishes at or above final barrier par; 1% loss for every 1% that worst performing index declines if it ends below final barrier
Call:Automatically starting Sept. 29 if the price of the worst performing index is greater than or equal to its initial price and on any subsequent quarterly valuation date
Initial levels:15,179.21 for Nasdaq-100 index, 4,450.38 for S&P 500 index, 2,622.34 for S&P MidCap 400 index
Coupon barriers:11,384.408 for Nasdaq-100 index, 3,337.785 for S&P 500 index, 1,966.755 for S&P MidCap 400 index, 75% of initial levels
Final barriers:11,384.408 for Nasdaq-100 index, 3,337.785 for S&P 500 index, 1,966.755 for S&P MidCap 400 index, 75% of initial levels
Pricing date:June 30
Settlement date:July 7
Agent:Citigroup Global Markets Inc.
Fees:1.75%
Cusip:17291RRE4

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