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Published on 11/6/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $546,000 autocallable barrier securities linked to S&P

Chicago, Nov. 6 – Citigroup Global Markets Holdings Inc. priced $546,000 of 0% autocallable barrier securities due Oct. 23, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called automatically if the level of the index is greater than or equal to its initial level on Oct. 18, 2023 at a premium of 15%.

If the index gains the payout will be par plus 186% of the index return. Investors will receive par if the index declines but ends at or above its 70% final barrier and they will lose 1% for every 1% that the index declines if it finishes below the final barrier.

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 barrier securities
Underlying index:S&P 500 index
Amount:$546,000
Maturity:Oct. 23, 2025
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above its initial value, par plus 186% of the index return; if index declines but finishes at or above its 70% final barrier, par; 1% loss for every 1% that index declines if it finishes below its final barrier
Call:Automatically if the level of the index is greater than or equal to its initial level on Oct. 18, 2023 at a premium of 15%
Initial level:3,719.98
Final barrier:2,603.986, 70% of initial level
Upside leverage:186%
Pricing date:Oct. 18, 2022
Settlement date:Oct. 21, 2022
Agent:Citigroup Global Markets Inc.
Fees:0.95%
Cusip:17330YB90

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