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Published on 6/12/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $1.26 million contingent income autocallables on Nasdaq, Russell, S&P

New York, June 12 – Citigroup Global Markets Holdings Inc. priced $1.26 million of contingent income autocallable securities due May 30, 2025 linked to the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 9.5%, paid quarterly, if each underlying index closes at or above its 70% coupon barrier on the related quarterly observation date.

The securities will be called automatically at par if each index closes at or above its initial level on any quarterly valuation date.

At maturity, the payout will be par unless the worst performing index finishes below its 70% downside threshold level, in which case investors will be fully exposed to the decline of the worst performing index.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Contingent income autocallable securities
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$1.26 million
Maturity:May 30, 2025
Coupon:9.5%, paid quarterly, if each underlying index closes at or above its 70% coupon barrier on the related quarterly observation date
Price:Par
Payout at maturity:Par unless the worst performing index finishes below its downside threshold level, in which case investors will be fully exposed to the decline in the worst performing index
Call:Automatically at par if each index closes at or above its initial level on any quarterly valuation date
Initial levels:14,298.41 for Nasdaq-100 index, 1,773.022 for Russell 2000 index, 4,205.45 for S&P 500 index
Downside thresholds:10,008.887 for Nasdaq-100 index, 1,241.115 for Russell 2000 index, 2,943.815 for S&P 500 index, 70% of initial levels
Coupon barriers:10,008.887 for Nasdaq-100 index, 1,241.115 for Russell 2000 index, 2,943.815 for S&P 500 index, 70% of initial levels
Pricing date:May 26
Settlement date:June 1
Agent:Citigroup Global Markets Inc.
Dealer:Morgan Stanley Wealth Management
Fees:2% including a structuring fee of 0.5%
Cusip:17331HXA9

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