New Issue: Citigroup sells $1.3 million autocallable contingent barrier notes on Brazil ETF

Chicago, June 1 – Citigroup Global Markets Holdings Inc. priced $1.3 million of 0% autocallable contingent barrier notes due Nov. 28, 2022 tied to the iShares MSCI Brazil ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If ETF closes at or above its initial level on May 24, 2022, the notes will be called at par plus a premium of 9.425%.

If ETF finishes at or above its initial level, the payout at maturity will be par plus the greater of 18.85% or the ETF return.

If the ETF declines up to the 60% barrier, investors will receive par. Otherwise, investors will lose 1% for each 1% decline of the ETF from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Autocallable contingent barrier notes
Underlying fund:	iShares MSCI Brazil ETF
Amount:	$1,300,000
Maturity:	Nov. 28, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF finishes at or above initial level, par plus greater of 18.85% and ETF return; if the ETF declines no farther than barrier level, par; otherwise, investors will lose 1% for each 1% decline from initial level
Call:	If ETF closes at or above initial level on May 24, 2022, at par plus a 9.425% call premium
Initial level:	$30.41
Barrier level:	$18.246; 60% of initial level
Strike date:	Nov. 9, 2021
Pricing date:	Nov. 11, 2021
Settlement date:	Nov. 16, 2021
Underwriter:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17329UKE0

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