New Issue: Citi sells $612,000 callable contingent coupon equity notes on SPDR funds

Chicago, Feb. 9 – Citigroup Global Markets Holdings Inc. priced $612,000 of callable contingent coupon equity-linked securities due Jan. 22, 2025 linked to the worst performing of the Consumer Discretionary Select Sector SPDR Fund, the Financial Select Sector SPDR Fund and the Industrial Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes pay a contingent quarterly coupon at an annualized rate of 6% if each fund closes at or above its coupon barrier level, 70% of its initial level, on the valuation date for that period.

The notes will be callable in whole at par plus any coupon due on any quarterly valuation date after one year.

If the notes are not redeemed, the payout will be par unless any fund finishes below 65% of its initial level, in which case investors will lose 1% for every 1% that the least-performing fund declines from its initial level.

Citigroup Global Markets Inc.is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Callable contingent coupon equity-linked securities
Underlying funds:	Consumer Discretionary Select Sector SPDR Fund, Financial Select Sector SPDR Fund and Industrial Select Sector SPDR Fund
Amount:	$612,000
Maturity:	Jan. 22, 2025
Contingent coupon:	6% per year, payable quarterly if each fund closes at or above its coupon barrier on the valuation date for that period
Price:	Par
Payout at maturity:	Par if each fund finishes at or above final barrier level; otherwise, full exposure to decline of worst performer
Call option:	In whole at par plus any coupon due on any quarterly valuation date after one year
Initial levels:	$179.87 for Consumer, $35.40 for Financial, $101.14 for Industrial
Coupon barriers:	$125.909 for Consumer, $24.780 for Financial, $70.798 for Industrial, 70% of initial levels
Final barriers:	$116.916 for Consumer, $23.010 for Financial, $65.741 for Industrial, 65% of initial levels
Pricing date:	April 16
Settlement date:	April 21
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.95%
Cusip:	17329FND2

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