Citigroup Global Markets Holdings Inc., fully and unconditionally guaranteed by Citigroup Inc., is issuing unsecured Callable Contingent Coupon Equity Linked Securities due July 22, 2031, linked to the worst performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index. The stated principal amount is $1,000 per security, with a total offering of $2,130,000.
The notes pay a contingent coupon of 1.35% per period (annualized 16.20%) only if, on each valuation date, the worst-performing index is at or above its coupon barrier, set at 80% of its initial value. Principal repayment at maturity is also protected only if the worst-performing index on the final valuation date is at or above its 80% final barrier; otherwise, repayment is reduced one-for-one with the index decline and can fall to zero.
Citigroup may call the notes in whole on specified potential redemption dates at $1,000 plus any due coupon, limiting the time investors can earn coupons. The issue price is $1,000, including up to a $5.00 underwriting fee per security, while the estimated value on the pricing date is $985.50, reflecting structuring and hedging costs. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and the notes may have limited or no secondary market liquidity.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering autocallable unsecured debt securities linked to the worst performing of the Russell 2000® Index and the S&P 500® Index, with a stated principal amount of $1,000 per security and maturity on July 22, 2031.
The notes pay no interest and do not guarantee principal. They may be automatically redeemed on valuation dates from 2027–2030 if the closing value of the worst performing index is at least its initial level and, for the illustrated premiums, if each index is at least its initial level, paying $1,000 plus a premium of 9.30%, 18.60%, 27.90% or 37.20%, respectively. If held to maturity and not called, investors receive $1,000 plus a 46.50% premium if the worst performing index is at or above its initial level; $1,000 if it is below its initial level but at or above the 70% final barrier; or $1,000 plus full negative index return if it is below the barrier, exposing investors to up to a 100% loss of principal.
The initial index levels are 2,962.217 for the Russell 2000® and 7,457.69 for the S&P 500®. The total offering size is $700,000 at $1,000 per security, with up to $41.25 per security in underwriting fees and an estimated value of $943.10 per security. The securities lack liquidity, provide no dividends, and are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., as well as complex tax and market risks.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked securities due May 22, 2028, tied to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index® and S&P 500® Index.
Investors receive a 1.00% contingent coupon per period (12.00% per annum) only if on each valuation date the worst-performing index is at or above 70% of its initial level$1,000 plus any coupon. If held to maturity and not called, repayment of the $1,000 principal occurs only if the worst-performing index is at or above its 70% final barrier; otherwise principal is reduced one-for-one with that index’s loss, potentially to zero. The notes are unsecured, subject to the credit risk of Citigroup and may have little or no secondary market; their estimated value of $986.90 is below the $1,000 issue price.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Autocallable Contingent Coupon Equity Linked Securities linked to the worst performer of the Dow Jones Industrial Average, Invesco QQQ Trust, Series 1, and SPDR S&P 500 ETF Trust, maturing October 21, 2027. The securities have a $1,000 stated principal amount and pay a contingent coupon of 0.8792% per month (about 10.55% per annum) only if, on the preceding valuation date, the worst performing underlying is at or above its 80% coupon barrier. The notes are automatically redeemed at par plus coupon if, on specified potential autocall dates, the worst performing underlying is at or above its initial value.
If not called, at maturity investors receive $1,000 per security only if the worst performer is at or above its 60% final barrier; otherwise the payoff is $1,000 plus the underlying return of the worst performer, exposing investors to losses down to a zero return of principal. The total offering is $2,397,000.00 at $1,000 per security, with an estimated value of $989.00 per security, below the issue price, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering $379,000 of autocallable contingent coupon equity-linked securities tied to Intercontinental Exchange, Inc., each with a $1,000 stated principal amount and maturing on August 20, 2027, unless called earlier.
The notes pay a contingent coupon of 0.80% per quarter (annualized 9.60%) only if the underlying’s closing value on the relevant valuation date is at or above the coupon barrier of $100.548 (72% of the $139.65 initial value). On scheduled autocall dates in 2027, if ICE’s value is at least the initial value, the notes are automatically redeemed at $1,000 plus the coupon. If not called, at maturity holders receive $1,000 if the final value is at or above the $100.548 final barrier; otherwise repayment is $1,000 + ($1,000 × underlying return), exposing investors to losses down to a total loss of principal. The securities have limited liquidity, are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and were priced with an estimated value of $963 per note versus a $1,000 issue price, reflecting underwriting, hedging costs and the issuer’s internal funding rate.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Callable Contingent Coupon Equity Linked Securities linked to the worst performer of the Dow Jones Industrial Average, the Nasdaq-100 Index® and the Russell 2000® Index, with a stated principal amount of $1,000 per security and total issue price of $2,092,000.00. The securities pay a contingent coupon of 0.9417% of principal per month (about 11.30% per annum) only if, on each valuation date, the worst performing index is at or above 70% of its initial value. Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon.
If held to maturity in July 2029 and not previously redeemed, principal is fully repaid only if the worst performing index is at or above 60% of its initial level. Otherwise, repayment is reduced 1:1 with the index loss, down to zero. Investors receive no dividends or upside from index gains and face full downside exposure to the worst index, as well as the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The initial estimated value is $982.60 per security, below the issue price.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable Callable Contingent Coupon Equity Linked Securities linked to the worst performing of the Dow Jones Industrial Average, Nasdaq‑100 Index® and S&P 500® Index, with a stated principal amount of $1,000 per security and maturity on June 23, 2028.
The notes pay a 1.00% contingent coupon per period (12.00% per annum) only if, on each valuation date, the worst performing index is at or above its coupon barrier, set at 70% of its initial value; otherwise no coupon is paid. At maturity, if not previously called and the worst performing index is below its final barrier (also 70% of initial), repayment of principal is reduced one‑for‑one with the index decline, down to zero.
Citigroup may redeem the securities early on specified dates at $1,000 plus any due coupon. The initial index levels are 52,146.42 (Dow), 28,592.66 (Nasdaq‑100) and 7,457.69 (S&P 500). The issue price is $1,000, with an estimated value of $987.60, reflecting structuring and hedging costs and use of an internal funding rate. Investors face equity market risk on the three indices, issuer and guarantor credit risk, potential illiquidity, loss of some or all principal, and uncertain U.S. tax treatment.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Autocallable Contingent Coupon Equity Linked Securities linked to Intercontinental Exchange, Inc., with a stated principal amount of $1,000 per security and total offering of $141,000. The notes pay a contingent coupon of 1.00% per period (12.00% per annum) only if on the relevant valuation date ICE’s closing value is at or above the coupon barrier of $100.548, which is 72.00% of the $139.65 initial value. The same level serves as the final barrier; if the notes are not called and the final value is below this barrier, principal is reduced one-for-one with the underlying decline and can fall to $0. Starting January 19, 2027, the notes are automatically called if ICE’s value is at least the initial value, returning $1,000 plus the coupon for that period. Investors forgo dividends and upside in ICE shares, face full issuer and guarantor credit risk, potential illiquidity, complex U.S. tax treatment (including possible 30% withholding for non‑U.S. holders), and an initial estimated value of $977.60 per note, which is below the $1,000 issue price.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing callable contingent coupon equity-linked securities due July 20, 2029, tied to the worst performer of the iShares Russell 2000 ETF, the Nasdaq-100 Index and the S&P 500 Index. The notes pay a contingent coupon of 2.25% of principal per quarter (9.00% per annum) only if, on each valuation date, the worst-performing underlying is at or above 60% of its initial value; otherwise no coupon is paid for that period.
If not called and at maturity the worst-performing underlying is at or above its 60% final barrier, investors receive the $1,000 principal plus any final coupon. If it is below the barrier, repayment is reduced 1:1 with the underlying’s loss, down to a possible total loss of principal, with no final coupon. The issuer may redeem the notes early on specified dates at $1,000 plus any due coupon, capping future income. The securities are unsecured and subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., feature limited liquidity, complex U.S. tax treatment and significant market and correlation risks across the three underlyings. The estimated value at pricing is $972.20 per $1,000, below the issue price, reflecting embedded costs and dealer margins.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing $1,000 unsecured callable equity-linked securities maturing October 21, 2027, tied to the worst performing of the Russell 2000® Index, the S&P 500® Index and the State Street® Consumer Staples Select Sector SPDR® ETF.
Investors may receive a 0.9167% monthly contingent coupon (about 11.00% per year) only if, on each valuation date, the worst performing underlying is at or above 70% of its initial value. If on the final valuation date the worst performing underlying is at or above its 70% final barrier, investors receive $1,000 per note (plus any final coupon). If it is below, repayment is reduced one-for-one with the decline in that underlying, potentially down to zero.
The issuer may redeem the notes early on specified dates at $1,000 plus any due coupon. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. Notes may have limited or no secondary market, and the initial estimated value of $988.50 per note is below the $1,000 issue price, reflecting selling, structuring and hedging costs. The product involves complex risks, including multi-underlying correlation, sector concentration and uncertain U.S. tax treatment.