Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering medium-term senior autocallable securities with a $1,000 stated principal amount per security, linked to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index® and Russell 2000® Index.
The notes pay no interest and may be automatically redeemed on scheduled valuation dates if the worst-performing index is at or above its initial level, returning $1,000 plus a fixed premium that starts at 8.40% in July 2027 and rises to 42.00% by the July 29, 2031 final valuation date. If held to maturity and not called, investors receive $1,000 plus the final premium if the worst index is at or above its initial level, $1,000 if it is between 80% and 100% of its initial level, and lose 1% of principal for every 1% decline beyond the 20.00% buffer. The securities do not pay dividends, have limited liquidity, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue price is $1,000, including up to $41.25 in underwriting fees, while the estimated value on the pricing date is expected to be at least $900.50 per security.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Autocallable Contingent Coupon Equity Linked Securities linked to the worst performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, each with a stated principal amount of $1,000.
The notes pay a contingent coupon of 0.7708% per period (about 9.25% per annum) only if, on the relevant valuation date, the worst performing index is at or above 70% of its initial value; otherwise no coupon is paid. Beginning January 28, 2027, the notes are subject to automatic early redemption on specified dates if the worst index is at or above its initial level, in which case investors receive $1,000 plus the coupon.
If the notes are not called and on the final valuation date the worst index is below its 70% barrier, repayment of principal is reduced one-for-one with that index’s negative return, down to a minimum of $0. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue price is $1,000 per note; Citigroup Global Markets Inc. expects the estimated value on the pricing date to be at least $915, reflecting selling, structuring and hedging costs and use of the issuer’s internal funding rate. The notes are expected to have limited or no secondary market liquidity and involve complex market and tax risks.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering autocallable contingent coupon equity-linked notes tied to Quanta Services, Inc. common stock, issued under its Medium-Term Senior Notes, Series N program and maturing on July 27, 2028, unless called earlier.
Each security has a $1,000 stated principal amount and pays a quarterly contingent coupon of 3.40% of principal (equivalent to 13.60% per annum) only when Quanta’s share price on the relevant valuation date is at or above the coupon barrier value, set at 50% of the initial underlying value. If on any autocall date the share price is at or above the initial value, the notes are automatically redeemed at $1,000 plus the due coupon, ending future coupons. If held to maturity and the final share price is below the final barrier value (also 50% of the initial value), repayment of principal is reduced one-for-one with the underlying’s decline, down to zero. The issue price is $1,000 per note, including an underwriting fee of up to $18.50, with minimum proceeds to the issuer of $981.50 per security and an estimated initial value of at least $923.00 per security. 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 Barrier Securities linked to the S&P 500® Equal Weight Index under its Medium-Term Senior Notes, Series N program. Each security has a $1,000 stated principal amount, a pricing date of July 23, 2026, issue date of July 28, 2026, and, if not called, matures on July 28, 2031.
The notes may be automatically redeemed on July 30, 2027 if the index closing value is at or above its initial value, paying $1,097 per security ($1,000 principal plus a 9.70% premium). If not redeemed, the maturity payment depends on the index level on the final valuation date: investors participate in upside with a 150% upside participation rate when the final value exceeds the initial value, receive par if the index finishes between the initial value and the final barrier value of 80.00% of the initial value, and incur 1‑for‑1 downside exposure below the barrier, potentially losing most or all of principal.
The issue price is $1,000 per security, including an underwriting fee of up to $22, leaving $978 in proceeds to the issuer per security. Citigroup Global Markets Inc. expects the estimated value on the pricing date to be at least $915 per security, reflecting selling, structuring and hedging costs and the issuer’s internal funding rate. The securities do not pay dividends or provide any rights in the underlying index and are subject to complex market, credit and tax risks, including potential U.S. tax treatment as a prepaid forward contract and possible future changes under Section 871(m) for non‑U.S. holders.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Medium-Term Senior Notes, Series N in the form of autocallable contingent coupon equity-linked securities tied to Ulta Beauty, Inc. common stock, maturing July 27, 2028, in $1,000 denominations.
The notes pay a contingent coupon of 3.00% per quarter (12.00% per annum) only if Ulta’s closing value on each valuation date is at or above a coupon barrier set at 56.70% of the initial underlying value, with missed coupons potentially paid later if the barrier is subsequently met. The notes are subject to automatic early redemption on specified dates if Ulta’s value is at or above its initial level, returning $1,000 plus the relevant coupon.
If not called and Ulta’s final value is at or above the final barrier (also 56.70% of the initial value), investors receive $1,000 plus any due coupon; if below, they receive a fixed number of Ulta shares (or cash equivalent) worth less than $1,000 and possibly zero. Investors forgo dividends and upside in Ulta and bear full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue price is $1,000 per note, including up to $18.50 in underwriting fees, with minimum proceeds of $981.50 to the issuer and an estimated value on the pricing date expected to be at least $921.50 per note.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $13,000,000 of Autocallable Buffer Securities linked to the S&P 500® Index. These unsecured notes pay no interest and may be automatically redeemed on July 27, 2027 at $1,105 per $1,000 security if the index closes at or above its initial value of 7,457.69.
If not called, the notes mature on July 25, 2028. At maturity, investors receive upside participation at 100% of index appreciation, full principal back if the index is down but no lower than the final buffer value of 5,966.152 (80% of initial), and 1‑for‑1 losses beyond the 20% buffer. The initial issue price is $1,000, while the estimated value is $995.20 per security, reflecting selling, structuring and hedging costs.
Payments depend solely on index levels on the valuation dates, and investors forgo dividends and voting rights on S&P 500 stocks. The notes carry the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., may have limited or no secondary market, and involve complex and uncertain U.S. tax treatment, including potential alternative characterizations by the IRS.
Citigroup Global Markets Holdings Inc., fully and unconditionally guaranteed by Citigroup Inc., is offering Callable Fixed Rate Notes due September 17, 2027 under a shelf registration. Each note has a $1,000 stated principal amount and pays a fixed 4.40% per annum from the original issue date, August 17, 2026, to maturity, subject to earlier redemption.
Interest is calculated on an Actual/360 basis and paid on February 17, 2027, August 17, 2027 and at maturity. Beginning February 17, 2027, the issuer may redeem the notes in whole at 100% of principal plus accrued interest on specified redemption dates. The notes will not be listed on any securities exchange, and Citigroup Global Markets Inc. acts as underwriter, receiving an underwriting fee of up to $1.00 per note. Net proceeds will be used for general corporate purposes and related hedging activities.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable unsecured notes linked to the worst performer of the Russell 2000® Index and the S&P 500® Index, with a $1,000 stated principal per security and an aggregate issue price of $3,415,000.
The notes pay no interest and may be automatically redeemed on scheduled valuation dates from January 2027 through April 2029 if the worst-performing index is at or above its applicable premium threshold (initially 100% of the start level, stepping down to 90%), returning $1,000 plus a fixed premium that rises from 5% to 27.5%.
If not redeemed early, at July 20, 2029 the holder receives $1,000 plus a 30% premium if the worst-performing index is at or above 90% of its initial value, $1,000 if it is between the 70% barrier and 90%, and loses 1% of principal for every 1% decline below the initial level if it ends below the 70% barrier, potentially losing the entire investment. The initial index levels are 2,942.429 for the Russell 2000 and 7,443.28 for the S&P 500. The securities are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., lack liquidity, provide no dividends or index upside beyond fixed premiums, and have an estimated value of $971.80 per $1,000 note, below the issue price due to selling, structuring and hedging costs.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked senior notes due August 8, 2028 under its Medium-Term Notes, Series N program. The notes are linked to the worst performing of the Russell 2000® Index, the S&P 500® Index and the SPDR® S&P® Regional Banking ETF.
Each note has a $1,000 stated principal amount and may pay a contingent coupon of 2.625% per quarter (10.50% per annum) if, on the relevant valuation date, the worst performing underlying is at or above 65% of its initial value. If this condition is not met, no coupon is paid for that period.
At maturity, if not previously called, investors receive $1,000 per note only if the worst performer is at or above its 65% final barrier; otherwise, principal is reduced one-for-one with the underlying loss, potentially to zero. Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon. An underwriting fee of up to $18.50 per note is embedded, and the initial estimated value is expected to be at least $916.50, below the issue price, reflecting structuring, distribution 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 be illiquid.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured Medium-Term Senior Notes, Series N, in the form of Callable Contingent Coupon Equity Linked Securities linked to the worst performing of the EURO STOXX 50® Index, the MSCI Emerging Markets Index and the Nasdaq-100 Index® and due July 28, 2031.
Each $1,000 security may pay a 3.625% quarterly contingent coupon (14.50% per annum) on scheduled dates, but only if the worst performing index on the prior valuation date is at or above 70% of its initial value. If not, no coupon is paid for that period. At maturity, if not previously called, investors receive $1,000 per security only if the worst performing index is at or above 60% of its initial value; otherwise, repayment is reduced dollar-for-dollar with the index loss and may fall to zero.
Citigroup may redeem the notes in whole on specified dates for $1,000 per security plus any due coupon, limiting potential income. The issue price is $1,000, including an underwriting fee of up to $18.50, for minimum issuer proceeds of $981.50 per security; the estimated value on the pricing date is expected to be at least $922. Payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc., trading liquidity may be limited, and U.S. federal tax treatment is uncertain, with possible 30% withholding on coupons for certain non-U.S. holders.