New Issue: Citigroup prices $179,000 enhanced barrier digital securities linked to Nvidia

By Kiku Steinfeld

Chicago, July 24 – Citigroup Global Markets Holdings Inc. priced $179,000 of 0% enhanced barrier digital securities due Feb. 21, 2025 linked to the common stock of Nvidia Corp., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock finishes above its 75% final barrier then the payout at maturity will be par plus the 42% digital payment. Otherwise the notes will pay par less 1% for every 1% decline of the stock, payable in 4.67552 shares or cash at the option of the issuer.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital securities
Underlying stock:	Nvidia Corp.
Amount:	$179,000
Maturity:	Feb. 21, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If stock finishes at or above its 75% final barrier, par plus 42% digital return; 1% loss for every 1% that stock declines if it finishes below its final barrier, payable in 4.67552 shares or cash at the option of the issuer
Initial level:	$213.88
Upside payment:	42%
Final barrier:	$160.41, 75% of initial level
Pricing date:	Feb. 17, 2023
Settlement date:	Feb. 23, 2023
Agent:	Citigroup Global Markets Inc.
Fees:	1.75%
Cusip:	17331ADT5

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