New Issue: Citigroup prices $936,000 dual digital securities linked to S&P, SPDR Gold trust

By Angela McDaniels

Tacoma, Wash., Aug. 4 – Citigroup Global Markets Holdings Inc. priced $936,000 of 0% dual digital securities due Dec. 23, 2022 linked to the S&P 500 index and the SPDR Gold trust, according to a 424B2 filing with the Securities and Exchange Commission.

If each asset finishes below its final barrier level, the payout at maturity will be $16,258.60 per $1,000 principal amount of notes. If either asset finishes at or above its final barrier level, the payout will be $232.96 per $1,000 principal amount of notes.

For the index, the final barrier level is 89.861% of its initial level. For the trust, the final barrier level is 92.15% of its initial level.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Dual digital securities
Underlying assets:	S&P 500 index and SPDR Gold trust
Amount:	$936,000
Maturity:	Dec. 23, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each asset finishes below final barrier level, $16,258.60 per $1,000 principal amount; otherwise, $232.96 per $1,000 principal amount
Initial levels:	4,006.18 for index and $158.98 for trust
Final barrier levels:	3,600.00 for index, or 89.861% of initial level, and $146.50 for trust, or 92.15% of initial level
Pricing date:	Sept. 8, 2022
Settlement date:	Sept. 21, 2022
Underwriter:	Citigroup Global Markets Inc.
Fees:	0%
Cusip:	17330U124

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