New Issue: Citigroup prices $590,000 digital notes linked to S&P, Russell

By Kiku Steinfeld

Chicago, Feb. 3 – Citigroup Global Markets Holdings Inc. priced $590,000 of 0% digital notes due Nov. 7, 2024 linked to the worst performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Notes and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final level of the least-performing index is greater than or equal to its initial level, the payout at maturity will be par plus 17%.

Otherwise, investors will receive par.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Digital notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$590,000
Maturity:	Nov. 7, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of the least-performing index is greater than or equal to its initial level, par plus 17%; otherwise, par
Initial levels:	3,770.55 for S&P, 1,799.866 for Russell
Pricing date:	Nov. 4, 2022
Settlement date:	Nov. 9, 2022
Underwriter:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17330YSU5

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