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Published on 1/26/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.77 million market-linked notes linked to Dow

New York, Jan. 26 – Citigroup Global Markets Holdings Inc. priced $1.77 million of 0% market-linked notes due July 25, 2028 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, subject to a maximum return of par plus 64.25%. Otherwise, investors will receive par.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Market-linked notes
Underlying index:Dow Jones industrial average
Amount:$1,771,000
Maturity:July 25, 2028
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus index return, subject to a maximum return of par plus 64.25%; minimum payout of par
Initial level:33,375.49
Cap:64.25%
Pricing date:Jan. 20
Settlement date:Jan. 25
Agent:Citigroup Global Markets Inc.
Fees:3%
Cusip:17331CDE4

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