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Published on 8/16/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $505,000 enhanced buffered digital notes on S&P, Dow

Chicago, Aug. 16 – Citigroup Global Markets Holdings Inc. priced $505,000 of 0% enhanced buffered digital plus securities due July 21, 2028 linked to the worse performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

If each index finishes at or above the 80% buffer level, the payout at maturity will be par plus a fixed return of 41.15%.

Otherwise, investors will be exposed to any decline of the worse performing index beyond 20%.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Enhanced buffered digital plus securities
Underlying indexes:S&P 500 index, Dow Jones industrial average
Amount:$505,000
Maturity:July 21, 2028
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above the buffer level, par plus a fixed return of 41.15%; otherwise, investors will be exposed to any decline of the worse performing index beyond buffer
Initial levels:3,830.85 for S&P, 31,072.61 for Dow
Buffer values:3,064.68 for S&P, 24,858.088 for Dow, 80% of initial levels
Pricing date:July 18, 2022
Settlement date:July 21, 2022
Agent:Citigroup Global Markets Inc.
Fees:1%
Cusip:17330PEC9

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