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Published on 4/19/2024 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $735,000 enhanced barrier digital securities linked to gold miners

Chicago, April 19 – Citigroup Global Markets Holdings Inc. priced $735,000 of 0% enhanced barrier digital securities due Feb. 27, 2025 linked to the VanEck Vectors Junior Gold Miners ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF finishes above its 60% final barrier then the payout at maturity will be par plus the 9.25% digital payment. Otherwise, the notes will pay par less 1% for every 1% decline of the ETF.

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 ETF:VanEck Vectors Junior Gold Miners ETF
Amount:$735,000
Maturity:Feb. 27, 2025
Coupon:0%
Price:Par
Payout at maturity:If ETF finishes at or above its 60% final barrier, par plus 9.25% digital return; 1% loss for every 1% that ETF declines if it finishes below its final barrier
Initial level:$33.61
Final barrier:$20.166, 60% of initial level
Upside payment:9.25%
Pricing date:Jan. 22
Settlement date:Jan. 25
Agent:Citigroup Global Markets Inc.
Fees:1.725%
Cusip:17291L2M6

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