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Published on 3/20/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $834,000 buffered digital securities linked to Stoxx 50 index

Chicago, March 20 – Citigroup Global Markets Holdings Inc. priced $834,000 of 0% buffered digital securities due July 23, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If the final level of the index is greater than or equal to its 82.5% buffer level, the payout at maturity will be par plus 22.5%.

Otherwise, investors will lose 1.2121% for every 1% that the index declines beyond 17.5%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Buffered digital securities
Underlying index:Euro Stoxx 50 index
Amount:$834,000
Maturity:July 23, 2024
Coupon:0%
Price:Par
Payout at maturity:If the final index level is greater or equal to its buffer level, par plus 22.5%; otherwise, 1.2121% loss for every 1% decline beyond 17.5%
Initial index level:3,640.55
Buffer value:82.5% of initial level
Pricing date:May 19, 2022
Settlement date:May 26, 2022
Underwriter:Citigroup Global Markets Inc.
Fees:None
Cusip:17330FVT5

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