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Published on 12/6/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $8.44 million PLUS linked to S&P 500

New York, Dec. 6 – Citigroup Global Markets Holdings Inc. priced $8.44 million of 0% PLUS due March 5, 2024 linked to the S&P 500 index, 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 300% of the index return subject to a maximum return of par plus 24%. Investors will lose 1% for every 1% that it declines.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:PLUS
Underlying index:S&P 500 index
Amount:$8,442,860
Maturity:March 5, 2024
Coupon:0%
Price:$10.00
Payout at maturity:If index return is positive, par plus 300% of index return subject to a maximum return of par plus 24%; 1% loss for every 1% that index declines
Initial level:4,080.11
Upside leverage:300%
Cap:24%
Pricing date:Nov. 30
Settlement date:Dec. 5
Agent:Citigroup Global Markets Inc.
Fees:2.25% including a structuring fee of 0.5%
Cusip:17330X847

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