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Published on 11/3/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $500,000 autocallable securities linked to Euro Stoxx 50

Chicago, Nov. 3 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% autocallable securities due March 13, 2030 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The securities will be called automatically starting on March 8, 2023 with a premium of a 9.5% annual rate if the index closes above its initial value and on any subsequent quarterly review date.

If the index gains the payout at maturity will be par plus the 76% premium for the final valuation date. Investors will receive par if the index but ends above the 70% barrier and lose 1% for every 1% that the index declines if it finishes below its 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 securities
Underlying index:Euro Stoxx 50 index
Amount:$500,000
Maturity:March 13, 2030
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above its initial value, par plus 76% premium for final valuation date; par if index declines but finishes at or above its 70% barrier; otherwise, 1% loss for every 1% that index declines
Call:Automatically starting on March 8, 2023 with a premium of a 9.5% annual rate if the index closes above its initial value and on any subsequent quarterly review date
Initial level:3,765.85
Final barrier:2,636.095, 70% of initial level
Pricing date:March 1
Settlement date:March 4
Agent:Citigroup Global Markets Inc.
Fees:2.25%
Cusip:17330ATG7

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