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Published on 3/28/2021 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $3.1 million barrier securities on linked to Dow, S&P, Russell

Chicago, March 29 – Citigroup Global Markets Holdings Inc. priced $3.1 million of 0% barrier securities due March 3, 2026 linked to the worst performing of the Russell 2000 index, the Dow Jones industrial average 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 payout at maturity will be par plus 150% of the return of the worst performing index if all three underliers finish above their initial level.

If the worst performer declines, but not by more than 30%, the payout at maturity will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing index.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier securities
Underlying indexes:Russell 2000, S&P 500, Dow Jones industrial average
Amount:$3,098,000
Maturity:March 3, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of return of worst performing index, if all three finish positive; par if worst performer declines, but not more than 30%; otherwise full exposure to decline of worst performer
Initial index levels:30,932.37 for Dow, 2,201.051 for Russell, 3,811.15 for S&P
Barrier levels:21,652.659 for Dow, 1,540.736 for Russell, 2,667.805 for S&P, 70% of initial levels
Pricing date:Feb. 26
Settlement date:March 3
Underwriter:Citigroup Global Markets Inc.
Fees:1.125%
Cusip:17328YMK7

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