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Published on 3/26/2024 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.34 million 9.6% autocallable contingent coupon notes on indexes, ETF

New York, March 26 – Citigroup Global Markets Holdings Inc. priced $1.34 million of autocallable contingent coupon equity linked securities due March 23, 2027 linked to the Nasdaq-100 index, Russell 2000 index and SPDR S&P Regional Banking ETF, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 9.6% paid monthly if the worst performing asset closes at or above its 70% coupon barrier on the related valuation date, plus any previously unpaid coupons.

The securities will be called automatically starting Sept. 18, 2024 if the price of the worst performing asset is greater than or equal to its initial price on any monthly valuation date.

If the worst performing asset finishes at or above its 60% final barrier the payout at maturity will be par. Otherwise investors will lose 1% loss for every 1% that the worst performing asset 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 assets:Nasdaq-100 index, Russell 2000 index and SPDR S&P Regional Banking ETF
Amount:$1,337,000
Maturity:March 23, 2027
Coupon:9.6% paid monthly if the worst performing asset closes at or above its 70% coupon barrier on the related valuation date, plus any previously unpaid coupons
Price:Par
Payout at maturity:If worst performing asset finishes at or above final barrier par; 1% loss for every 1% that worst performing asset declines if it ends below final barrier
Call:Automatically starting Sept. 18, 2024 if the price of the worst performing asset is greater than or equal to its initial price on any monthly valuation date
Initial levels:17,985.01 for Nasdaq-100 index, 2,024.735 for Russell 2000 index, $47.18 for SPDR S&P Regional Banking ETF
Coupon barriers:12,589.507 for Nasdaq-100 index, 1,417.315 for Russell 2000 index, $33.026 for SPDR S&P Regional Banking ETF, 70% of initial levels
Final barriers:10,791.006 for Nasdaq-100 index, 1,214.841 for Russell 2000 index, $28.308 for SPDR S&P Regional Banking ETF, 60% of initial levels
Pricing date:March 18
Settlement date:March 21
Agent:Citigroup Global Markets Inc.
Fees:3%
Cusip:17291LRT4

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