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Published on 3/26/2024 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $5.13 million autocallable securities linked to Dow, Russell, S&P

New York, March 26 – Citigroup Global Markets Holdings Inc. priced $5.13 million of 0% autocallable securities due March 22, 2029 linked to the Dow Jones industrial average, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The securities will be called automatically with a premium of a 6.05% annual rate if the worst performing index closes at or above 90% of its initial value on any quarterly review date starting on March 19, 2025.

If the worst performing index finishes at or above its 90% call premium threshold, the payout at maturity will be par plus the premium for the final valuation date.

Investors will receive par if the worst performing index finishes below its 90% level call premium threshold but at or above the 70% barrier. Otherwise, investors will lose 1% for every 1% that the worst performing index declines from initial level.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Autocallable securities
Underlying indexes:Dow Jones industrial average, Russell 2000 index and S&P 500 index
Amount:$5,127,000
Maturity:March 22, 2029
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 90% call premium threshold, par plus premium for final valuation date; par if worst performing index finishes below its call premium threshold and at or above its 70% barrier; otherwise, 1% loss for every 1% that worst performing index declines
Call:Automatically with a premium of a 6.05% annual rate if the worst performing index closes at or above 90% of its initial value on any quarterly review date starting on March 19, 2025
Initial levels:38,790.43 for Dow Jones industrial average, 2,024.735 for Russell 2000 index, 5,149.42 for S&P 500 index
Call premium thresholds:34,911.387 for Dow Jones industrial average, 1,822.262 for Russell 2000 index, 4,634.478 for S&P 500 index, 90% of initial levels
Trigger values:27,153.301 for Dow Jones industrial average, 1,417.315 for Russell 2000 index, 3,604.594 for S&P 500 index, 70% of initial levels
Pricing date:March 18
Settlement date:March 21
Agent:Citigroup Global Markets Inc.
Fees:3.75%
Cusip:17291LMG7

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