Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering callable Contingent Coupon Equity Linked Securities linked to the worst performer of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, each with a final barrier and coupon barrier at 70% of its initial value. The notes have a stated principal amount of $1,000, price at $1,000 per security, total offering of $3,605,000, and mature on July 20, 2029 unless called earlier.
On each valuation date, investors receive a 1.125% contingent coupon (13.50% per annum) only if the closing value of the worst-performing index is at or above its coupon barrier; otherwise no coupon is paid. If held to maturity and not redeemed, investors receive $1,000 per note if the worst-performing index is at or above its final barrier; otherwise the payoff is $1,000 plus $1,000 times the negative index return, with no minimum repayment, so up to 100% of principal can be lost.
Citigroup may redeem the notes early on specified coupon dates, paying $1,000 plus any due coupon, limiting potential income if called when conditions are favorable. The estimated value on the pricing date is $989.70 per security, below the issue price, reflecting selling, structuring and hedging costs and the issuer’s internal funding rate. The notes are unsecured obligations subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., offer no upside participation in the indices, no dividends, may have limited or no secondary market liquidity, and involve complex U.S. tax treatment.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is issuing Callable Contingent Coupon Equity Linked Securities tied to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, maturing July 22, 2031.
Each $1,000 security pays a monthly contingent coupon of 0.8417% (about 10.10% per year) only if, on the prior valuation date, the worst-performing index is at or above 70% of its initial level. Citigroup may redeem the notes in whole on specified dates, paying $1,000 plus any due coupon.
If held to maturity and not called, investors receive $1,000 per security if the worst-performing index is at or above its 70% final barrier; otherwise they receive $1,000 plus $1,000 times that index’s return, exposing them to 1-for-1 downside and potential total loss of principal, with no upside participation or dividends. The notes are unsecured, subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., may have limited liquidity, and have an estimated value of $961.40 per $1,000 at pricing, below the issue price due to selling, structuring and hedging costs.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering $1,634,000 of callable Contingent Coupon Equity Linked Securities linked to the worst performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, maturing on July 20, 2029.
The notes pay a 0.7583% contingent coupon per month (about 9.10% per annum) only if, on each valuation date, the worst performing index is at or above 70% of its initial value; otherwise no coupon is paid. Principal is protected only if, on the final valuation date, the worst index is at or above 60% of its initial value. Below that level, maturity payment is reduced one-for-one with the index loss, down to zero.
The issuer may redeem the notes early on specified dates at $1,000 per note plus any due coupon, which can cut off future coupons. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue price is $1,000 per security, including up to a $7.00 underwriting fee; Citigroup’s estimated value on the pricing date is $982.40, reflecting selling, structuring and hedging costs and use of an internal funding rate. The securities are intended for buy-and-hold investors who can tolerate equity index, barrier, call and liquidity risks.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing callable contingent coupon equity-linked securities due July 20, 2029, linked to the worst performing of the Russell 2000 Index and the S&P 500 Index. The notes pay a 2.70% quarterly contingent coupon (10.80% per annum) only if, on each valuation date, the worst-performing index is at or above 70% of its initial level; otherwise no coupon is paid. At maturity, if not previously called and the worst-performing index is at or above its 70% final barrier, investors receive the $1,000 principal; if it is below, principal is reduced 1:1 with the index loss, down to zero.
The issuer may call the notes in whole on specified quarterly dates, paying $1,000 plus any due coupon, which can shorten the investment. The offering size is $31.163 million at $1,000 per note, while the initial estimated value is $991.90, reflecting structuring and hedging costs and the issuer’s internal funding rate. The notes are unsecured obligations subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. and may have limited or no secondary market liquidity.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering $10,657,000 of autocallable securities linked to the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing July 22, 2031. The notes have a $1,000 stated principal amount, pay no interest and may be automatically redeemed early at set valuation dates if the worst performing index is at or above its autocall barrier (95% of its initial level), returning $1,000 plus a fixed premium that steps up from 12.10% to 60.50% of principal over time.
If not called, at maturity investors receive $1,000 plus the final premium if the worst index is at or above its autocall barrier, $1,000 if it is between the autocall barrier and the final barrier (75% of initial), and otherwise 1-to-1 downside exposure to the decline of the worst index, with no principal protection and the possibility of a total loss. The initial index levels are 52,146.42 for the Dow Jones Industrial, 2,962.217 for the Russell 2000 and 7,457.69 for the S&P 500. The estimated value is $984.80 per $1,000 note, below the issue price, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.; investors also forgo dividends and face limited liquidity.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured autocallable contingent coupon equity-linked securities tied to the worst performer of the Dow Jones Industrial Average and the S&P 500 Index, with a stated principal of $1,000 per security maturing July 20, 2029.
Investors may receive quarterly contingent coupons of 2.3875% of principal (9.55% per annum), but only when the worst-performing index on a valuation date is at or above 70% of its initial level; otherwise no coupon is paid. The notes may be automatically called on specified dates if the worst performer is at or above its initial level, returning $1,000 plus the coupon.
If not called and the worst-performing index finishes below its 70% final barrier, the maturity payment is reduced one-for-one with the index loss, down to zero, so investors can lose all principal and receive no coupons. The initial index levels are 52,146.42 for the Dow Jones Industrial Average and 7,457.69 for the S&P 500 Index, with barriers at 70% of these values. The estimated value is $993.40 per $1,000 note, reflecting selling, structuring and hedging costs, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., limited liquidity, and uncertain U.S. federal tax treatment.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is issuing Callable Contingent Coupon Equity Linked Securities maturing on July 20, 2029. The $1,000-denomination notes are linked to the worst performing of the iShares Russell 2000 ETF, the Nasdaq‑100 Index and the S&P 500 Index.
Investors may receive a contingent coupon of 2.675% per quarter (10.70% per annum) on each observation date only if the worst performing underlying is at or above its coupon barrier, set at 70% of its initial value. If this condition is not met on a valuation date, no coupon is paid for that period.
Citigroup may call the notes in whole on specified call dates, paying $1,000 per note plus any due coupon. If the notes are held to maturity and the worst performing underlying finishes at or above its 70% final barrier, investors receive $1,000 per note (plus any final coupon). If it finishes below the barrier, the maturity payment is reduced one‑for‑one with the underlying’s loss, potentially to zero, with no final coupon.
The notes are unsecured and subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The initial issue price is $1,000 per note, while the estimated value on the pricing date is $968.90, reflecting selling, structuring and hedging costs.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering Autocallable Contingent Coupon Equity Linked Securities linked to the worst performing of the Dow Jones Industrial Average and the S&P 500 Index, maturing July 20, 2029, with a stated principal amount of $1,000 per security.
The notes pay a 2.10% contingent coupon per quarter (8.40% per annum) only if, on each valuation date, the worst performing index closes at or above its coupon barrier value, set at 70.00% of its initial value. The securities are automatically called on specified autocall dates if the worst performer is at or above its initial value, returning $1,000 plus the coupon.
If not called, at maturity investors receive $1,000 per security only if the worst performer is at or above its 70.00% final barrier; otherwise, repayment is $1,000 plus $1,000 × the negative index return, which can reduce principal to zero. Investors do not receive dividends or upside participation in the indices and face full downside exposure to the worst performer, credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., limited or no liquidity, an issue price of $1,000 versus an estimated value of $987.40, and complex, uncertain U.S. tax treatment.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable unsecured notes linked to the worst performer of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, maturing July 22, 2031, with a $1,000 stated principal per security.
The notes pay no interest and may be automatically redeemed on scheduled valuation dates if the worst-performing index is at or above its autocall barrier (95% of its initial level), in which case investors receive $1,000 plus a fixed premium that steps from 10.10% in 2027 up to 50.50% on the final valuation date.
If not called, at maturity investors receive: $1,000 plus the final premium if the worst-performing index is at or above its autocall barrier; $1,000 if it is below the autocall barrier but at or above the final barrier (75% of initial); or a loss matching the full negative return of the worst performer if it finishes below its final barrier, down to a possible total loss of principal. Investors do not receive dividends and bear the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The estimated value on the pricing date is $963.40 per $1,000 security, below the issue price, reflecting structuring and distribution costs.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing callable contingent coupon equity-linked securities due July 20, 2029, linked to the worst performing of the Russell 2000® Index and the S&P 500® Index. Each security has a $1,000 stated principal amount and may be redeemed early at the issuer’s option on specified dates at $1,000 plus any due coupon.
The notes pay a 2.275% contingent coupon per quarter (equivalent to 9.10% per annum) only if, on the relevant valuation date, the worst performing index is at or above its coupon barrier, set at 70.00% of its initial value (Russell 2000®: 2,073.552; S&P 500®: 5,220.383). Otherwise, no coupon is paid. At maturity, if not called, investors receive $1,000 per note if the worst performer is at or above its 70% final barrier; otherwise, principal is reduced one-for-one with the index decline, potentially to zero.
The total offering is $7,919,000, with an issue price of $1,000, underwriting fee up to $15 per note, and proceeds to issuer of $985 per note. The issuer’s estimated value is $975.70 per note, below the issue price, reflecting selling, structuring, and hedging costs. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and the notes are expected to have limited or no liquidity.