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Published on 5/1/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $250,000 enhanced buffered digital securities linked to S&P 500

Chicago, May 1 – Citigroup Global Markets Holdings Inc. priced $250,000 of 0% enhanced buffered digital securities due June 13, 2025 linked to the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the index finishes at or above 80% of its initial level, the payout at maturity will be par plus 19.5%.

Otherwise, investors will lose 1% for every 1% decline beyond 20%.

Citigroup Global Markets Inc. is the underwriter.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Enhanced buffered digital securities
Underlying index:S&P 500 index
Amount:$250,000
Maturity:June 13, 2025
Coupon:0%
Price:Par
Payout at maturity:If the index finishes at or above 80% of its initial level, par plus 19.5%; otherwise, lose 1% for every 1% decline below 20%
Initial level:3,900.86
Buffer level:3,120.688; 80% of initial levels
Pricing date:June 10, 2022
Settlement date:June 15, 2022
Underwriter:Citigroup Global Markets Inc.
Fees:0.5%
Cusip:17330PB73

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