New Issue: Citigroup prices $1.21 million autocallable market-linked notes linked to S&P, Russell

By William Gullotti

Buffalo, N.Y., July 6 – Citigroup Global Markets Holdings Inc. priced $1.21 million of 0% autocallable market-linked notes due June 30, 2027 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes will be automatically called at par plus a 5% call premium if each index closes at or above its initial level on June 28, 2023.

If the notes have not been called, the payout at maturity will be par plus 103% of any gain of the laggard index. Otherwise, investors will receive par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Autocallable market-linked notes
Underlying indexes:	Russell 2000 index, S&P 500 index
Amount:	$1,205,000
Maturity:	June 30, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 103% of any gain of laggard index; otherwise, par
Call:	Automatically at par plus 5% if each index closes at or above its initial level on June 28, 2023
Initial levels:	3,821.55 for S&P, 1,738.841 for Russell
Pricing date:	June 28
Settlement date:	June 30
Underwriter:	Citigroup Global Markets Inc.
Fees:	3.75%
Cusip:	17330PCB3

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