$8,850,000 Autocallable Contingent Coupon Equity Linked Securities Linked to the Worst Performing of Amazon.com, Inc. and Teladoc Health, Inc. due October 03, 2022, priced on September 28, 2021, were issued by Citigroup Global Markets Holdings Inc. The pricing supplement for this note (CUSIP: 17328NXQ6) can be found here. The notes had a $5,000 face value and paid a quarterly coupon of $137.50, so long as the notes had not been called and Teladoc and Amazon all closed above 62% of their September 28, 2021 closing prices on a determination date. If Teladoc and Amazon closed below 62% of their September 28, 2021 closing prices on a determination date, the notes did not pay a coupon. If not previously called, at maturity, the notes returned $5,000 in principal if Teladoc and Amazon all closed on the final determination date on September 28, 2022 and above 62% of their September 28, 2021 closing prices. If on September 28, 2022 Teladoc and Amazon closed below 62% of their September 28, 2021 closing prices, the notes paid reduced principal euqal to $5,000 multiplied by the lowest ratio of Teladoc and Amazon September 28, 2022 closing prices to their September 28, 2021 closing prices. The notes have matured. They paid one coupon totaling $137.50 and $1,082.53 repayment per $5,000 note. Investors thus suffered capital losses of $3,917.47 and net losses of $3,779.97.† In the aggregate, investors in this note suffered $6,933,916 in capital losses and $6,690,541 in net losses. See Table 1 and Figure 1.
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