Every 424B that Citigroup Inc. (C) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow C and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full C filings page.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked securities tied to the worst performer of the Dow Jones Industrial, Russell 2000® and S&P 500® Index, maturing on February 8, 2029. Each $1,000 security may pay a 2.25% quarterly contingent coupon (9.00% per annum) when the worst-performing index on a valuation date is at or above 70% of its initial level. Principal is fully at risk below 60% of the initial level at final valuation, with losses matching the index decline and potentially reaching total loss. Citigroup may redeem the notes on specified dates, returning $1,000 plus any due coupon, and the securities are not listed, with an initial total offering size of $4,709,000.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable contingent coupon equity-linked securities tied to Micron Technology, Inc. Each security has a $1,000 stated principal amount and pays a contingent coupon of 2.6917% per period (about 32.30% per year) only when Micron’s closing value on the prior valuation date is at or above a coupon barrier set at 60% of the initial value.
The notes can be automatically called on specified dates if Micron’s value is at or above its initial level, returning $1,000 plus the coupon for that period. If not called and Micron finishes below a final barrier at 50% of the initial value, repayment of principal is reduced one-for-one with Micron’s decline and may fall to zero. The securities are unsecured, subject to Citi’s credit risk, will not be listed, and have an estimated value on the pricing date of at least $916.50 per $1,000 issue price, reflecting fees, hedging costs and Citi’s internal funding rate.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering medium-term senior contingent income auto-callable securities linked to the common stock of Lincoln National Corporation. Each security has a $1,000 stated principal amount and pays a 2.50% quarterly contingent coupon (10.00% per annum) only if on the relevant valuation date the LNC share price is at or above 60.00% of the initial share price, the downside threshold.
If on any potential redemption date the LNC share price is at or above the initial share price, the notes are automatically redeemed for $1,000 plus the applicable coupon, ending further payments. If held to maturity without early redemption and the final share price is at or above the downside threshold, holders receive $1,000 plus the final coupon. If the final share price is below the downside threshold, repayment is reduced on a 1-to-1 basis with LNC’s decline, and holders can lose most or all of principal.
The securities are not listed on an exchange. The issue price is $1,000.00 per security, including an underwriting fee of $22.50, of which $17.50 is a selling concession and $5.00 is a structuring fee in many cases. Citigroup currently expects the estimated value on the pricing date to be at least $907.00 per security, less than the issue price. The product involves complex risks, including issuer and guarantor credit risk, market risk tied to LNC shares, potential illiquidity, and uncertain U.S. tax treatment and possible 30% withholding on coupon payments to certain non-U.S. holders.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable contingent coupon equity-linked securities tied to the worst performer of IBM, Microsoft and Oracle, maturing in February 2029. Each security has a $1,000 principal amount and pays a high contingent coupon of 4.5875% per quarter (18.35% per year) only when the worst-performing stock on a valuation date stays at or above 50% of its initial level.
If, on certain dates, the worst-performing stock is at or above its initial value, the notes are automatically called, returning $1,000 plus the coupon. If not called and, at maturity, the worst performer is below 50% of its initial value, investors lose principal on a 1-for-1 basis and can lose their entire investment. The estimated value on the pricing date is expected to be at least $921 per $1,000 note, reflecting selling, structuring and hedging costs. The notes are unsecured, subject to Citigroup credit risk, not listed on an exchange and may have limited or no 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 Costco Wholesale Corporation and Tesla, Inc., maturing February 16, 2029, with a stated principal amount of $1,000 per security.
Investors can receive contingent coupons of 3.3875% per quarter (13.55% per year) only when the worst-performing stock on a valuation date stays at or above 50% of its initial value; missed coupons can be repaid later if the barrier is met. The notes may be automatically called from August 13, 2026 onward if the worst performer is at or above its initial value, returning $1,000 plus the applicable coupon. If not called and the worst performer finishes below 50% of its initial value at maturity, repayment is reduced one-for-one with that decline, potentially to zero, with no coupon. The notes are not listed, may have little liquidity, and all payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured Enhanced Barrier Digital Securities linked to GE Vernova Inc. common stock, maturing on March 10, 2027.
Each $1,000 security pays no interest. At maturity, if GE Vernova’s closing value on the March 5, 2027 valuation date is at or above 60% of its initial value, holders receive $1,000 plus a fixed $175 digital return, a 17.50% gain, regardless of how much the stock has risen.
If the final value falls below 60% of the initial value, investors receive GE Vernova shares (or, at Citi’s option, cash) equal to a fixed equity ratio, exposing them to the full downside; the payout can be far below $1,000 and may be zero. Investors also forgo dividends and upside above the 17.50% cap. The securities are not exchange-listed, may have limited liquidity, and all payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc. Citi expects the per-security estimated value on the pricing date to be at least $921, below the $1,000 issue price.
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 Dynamic Participation Index, each with an initial value set on the February 24, 2026 pricing date.
The notes pay a quarterly contingent coupon of 0.5708% of principal (about 6.85% per year) only if, on the relevant valuation date, the worst-performing index is at or above 80% of its initial value. Beginning February 24, 2027, the notes are automatically called if the worst-performing index is at or above its initial value, returning $1,000 plus that period’s coupon.
If not called, at maturity in February 2031 investors receive $1,000 per note only if the worst performer is at or above 85% of its initial value. Below that 15% buffer, principal is reduced 1% for each additional 1% decline in the worst-performing index, and coupons may never be paid. The securities are not listed, have limited liquidity, and all payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering principal-at-risk Contingent Income Auto-Callable Securities linked to the Invesco QQQ Trust, Series 1. Each security has a $1,000 stated principal amount and a term out to an expected February 2027 maturity, unless called earlier.
The notes pay a monthly contingent coupon of 1.2083% of principal (about 14.50% per year) only if QQQ’s closing price on the related valuation date is at least 90% of its initial level. Missed coupons can be recouped later if the ETF recovers above that threshold, but investors could receive few or no coupons.
The notes are auto-callable: if on any monthly potential redemption date QQQ closes at or above its initial price, investors receive $1,000 plus that month’s coupon (including any unpaid past coupons) and the investment ends. If held to maturity and QQQ finishes at or above 90% of its initial level, investors also receive $1,000 plus the final coupon.
If at maturity QQQ is below 90% of its initial level, the payoff is reduced using a 10% buffer and a buffer rate of about 111.111%, so losses accelerate beyond the buffer, up to a total loss of principal and no coupons. The notes are not listed, have limited liquidity, include embedded fees (issue price $1,000 vs. estimated value at least $944.50), and carry complex tax and withholding risks, including potential 30% withholding on coupons for some non-U.S. holders.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable Contingent Coupon Equity Linked Securities maturing on February 8, 2028. Each security has a $1,000 principal amount and pays a contingent coupon of 0.925% per period, equal to 11.10% per annum, only when the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index closes at or above 70% of its initial value on the relevant valuation date.
If the notes are not called and, on the final valuation date, the worst-performing index is below 70% of its initial value, 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 notes are unsecured, subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., not listed on any exchange, and may have limited or no liquidity.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured Callable Contingent Coupon Equity Linked Securities tied to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing February 7, 2030. Each $1,000 security may pay a contingent coupon of 0.9167% per month (about 11.00% per year) if, on the related valuation date, the worst-performing index is at or above 75% of its initial level.
If the notes are not called and, on the final valuation date, the worst-performing index is at or above 70% of its initial level, investors receive $1,000 per security (plus any final coupon). If it is below 70%, repayment is reduced one-for-one with the index loss, down to zero. Citigroup may redeem the notes early at $1,000 plus any due coupon. The securities are not listed, carry Citigroup credit risk, can suffer total loss of principal, and have an estimated value of $976 per $1,000 at pricing due to embedded costs and hedging.
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 Nasdaq‑100, Russell 2000 and S&P 500 indices, maturing November 6, 2026.
The notes pay a contingent coupon of 0.6458% per month (about 7.75% per year) only when the worst index on a valuation date is at or above 80% of its initial level. From May 2026, if on a potential autocall date the worst index is at or above its initial level, the notes are automatically redeemed at $1,000 plus the coupon.
If not called, at maturity holders receive $1,000 per note only if the worst index is at or above 70% of its initial level; otherwise repayment is reduced in line with that index’s loss, down to zero. The securities are not listed, have limited liquidity, and all payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue price is $1,000, with an estimated value of $976.10 and underwriting fees up to $15 per note on a total offering of $5,651,000.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured callable equity linked securities tied to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500, maturing on February 5, 2027.
The notes pay fixed monthly coupons of 0.9833% of the $1,000 principal (about 11.80% per year). Citigroup may redeem them at par plus coupon on monthly dates from August 2026 to January 2027, capping future income.
If not called, principal repayment depends on the “worst” index. A 70% knock-in barrier applies: if any index ever closes below 70% of its initial level and the worst index finishes below its initial level, maturity payment is reduced one-for-one with that index’s loss, potentially to zero. The securities are not exchange-listed, carry Citigroup credit risk, and their $1,000 issue price exceeds the estimated value of $986.10 due to selling, structuring and hedging costs.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured callable contingent coupon equity-linked securities maturing on January 6, 2028. The notes are tied to the worst performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index.
Investors receive a 0.9167% monthly contingent coupon (about 11.00% per year) only if the worst index on each valuation date is at or above 70% of its initial level. At maturity, if not called and the worst index is below its 70% final barrier, principal is reduced one-for-one with that decline, down to zero.
Citi may call the notes on specified dates from 2026 onward at $1,000 plus any due coupon. The notes are not exchange-listed, carry full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and had an estimated value of $980.80 per $1,000 at pricing, below the $1,000 issue price.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing callable contingent coupon equity-linked securities maturing on May 6, 2027, tied to the worst performer of the Dow Jones Industrial Average, the Russell 2000® Index and the S&P 500® Index.
Each $1,000 security pays a 0.7525% contingent monthly coupon (annualized 9.03%) only if the worst-performing index on the prior valuation date is at or above 70% of its initial value. Both the coupon barrier and final barrier are set at 70% of each index’s initial level.
If not called and the worst index’s final value is at or above its barrier, investors receive $1,000 plus any final coupon. If the worst index finishes below its barrier, principal is reduced one-for-one with the decline and can fall to zero. The issuer may redeem the notes early on specified dates at $1,000 plus any due coupon. The notes are unsecured, subject to the credit risk of Citigroup entities, will not be listed, and have an estimated initial value of $982.20 per $1,000, below the issue price.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured structured notes linked to Alphabet, Amazon, Microsoft and NVIDIA. Each note has a $1,000 principal amount and a term to February 14, 2028, with monthly observation dates.
The notes pay a contingent coupon of at least 17.70% per annum, but only if the lowest-performing stock on the prior calculation day is at or above 60% of its starting value. At maturity, if not called and the lowest performer is below 60% of its starting value, repayment is reduced in line with that stock’s decline, potentially to zero. Notes may be automatically redeemed early if the lowest-performing stock is at or above its starting value on specified autocall dates. The estimated value on the pricing date is expected to be at least $900 per note, below the public offering price, and investors face full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Contingent Income Auto-Callable Securities due February 2029 linked to NVIDIA common stock. Each $1,000 security pays a quarterly contingent coupon of 2.90% (11.60% per annum) only if NVIDIA’s closing price on the valuation date is at or above 50% of the initial share price.
If on any potential redemption date NVIDIA closes at or above the initial share price, the notes auto-call for $1,000 plus the applicable coupon, including any previously unpaid coupons. If held to maturity and NVIDIA finishes below the 50% downside threshold, repayment is reduced 1-for-1 with the share decline, and investors can lose all principal and receive no coupon. The securities are not listed, have an expected estimated value of at least $921 per $1,000, and embed underwriting, selling and structuring fees.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Trigger Callable Yield Notes linked to the least performing of the Nasdaq‑100 Index and the Russell 2000 Index, with a per‑note issue price of $10 and a coupon rate of 9.50% per annum paid monthly.
Beginning about three months after issuance, the issuer may redeem the notes on any monthly coupon date at par plus the coupon. If the notes are not called and, at maturity in May 2027, the worst index is at or above 70% of its initial level, investors receive full principal plus the final coupon. If it is below that downside threshold, principal is reduced in line with the index loss, up to a 100% loss of invested principal. All payments depend on the creditworthiness of Citigroup Global Markets Holdings Inc. and Citigroup Inc.
Citigroup Global Markets Holdings Inc., a wholly owned subsidiary of Citigroup Inc., is offering fixed rate notes due February 9, 2027, fully and unconditionally guaranteed by Citigroup Inc.
Each note has a stated principal amount of $1,000 and pays simple interest at a 3.54% fixed annual rate, calculated on a 30/360 day-count basis and paid together with principal at maturity. The notes follow a "following" business day convention and will not be listed on any securities exchange. Citigroup Global Markets Inc. acts as underwriter and may temporarily show an upwardly adjusted value for about three months after issuance, reflecting expected hedging profit.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering contingent income auto-callable securities linked to the common stock of RH. These senior unsecured notes pay a quarterly contingent coupon of 4.55% of principal (18.20% per year) only if RH’s closing price on the relevant valuation date is at or above 50% of its initial price; otherwise that quarter’s coupon is skipped. Missed coupons can be recouped later if the condition is again met.
The notes are auto-callable: if on any quarterly potential redemption date RH closes at or above its initial price, investors receive principal plus the applicable coupon (including any previously unpaid coupons), and the notes terminate. If not called, and at maturity RH is at or above the 50% downside threshold, investors receive principal plus the final coupon (with any unpaid coupons). If RH finishes below the threshold, repayment is reduced 1-for-1 with RH’s loss, and investors can lose most or all of their principal.
The securities will not be listed on an exchange, may have limited liquidity, and include embedded underwriting and structuring fees. Citigroup expects the estimated value on the pricing date to be at least $902.50 per $1,000 note, below the issue price, reflecting dealer compensation, hedging and funding costs. The product involves complex risks, including tax and potential withholding issues for non-U.S. investors.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering contingent income callable senior notes linked to the S&P 500® Index, maturing in February 2028. These notes pay a 2.00% quarterly contingent coupon (8.00% per year) per $1,000 security when, on the relevant valuation date, the S&P 500 closing level is at least 80% of the initial index level.
The issuer may redeem the notes in whole on specified quarterly redemption dates starting in May 2026, paying $1,000 plus any due contingent coupon. If held to maturity and the final index level is at least 80% of the initial level, investors receive $1,000 per security (plus any final coupon). If the final level is below 80%, repayment is reduced 1‑for‑1 with the index decline, so investors can lose a significant portion or all of their principal and receive no coupons. The securities are unsecured obligations of the issuer, not listed on any exchange, and include underwriting and distribution fees that result in an estimated value on the pricing date expected to be at least $926 per $1,000 security.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured market-linked notes tied to the worst performer of the Russell 2000® Index and the S&P 500® Index, maturing on February 16, 2029.
Each security has a $1,000 stated principal amount, pays no interest and offers 100% upside participation in the appreciation of the worst performing index, capped at a maximum return of $210 per security (21%). If the worst performing index is flat or down at valuation, investors receive only the $1,000 principal at maturity.
The notes are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., will not be listed on an exchange and may have limited liquidity. Investors also forgo dividends on the indices and bear risks related to small-cap exposure via the Russell 2000® and to using a single valuation date.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured autocallable notes linked to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 indexes, maturing in February 2029. Each security has a $1,000 stated principal amount and pays no interest.
The notes can 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 steps up from 13.75% to 41.25% of principal over time. If held to maturity, investors receive $1,000 plus the final premium if the worst index is at or above its initial level, $1,000 if it is below the initial level but at or above 70% of that level, and a loss matching the index decline if it finishes below 70%, down to zero.
The estimated value on the pricing date is expected to be at least $922.50 per security, below the $1,000 issue price, reflecting selling, structuring and hedging costs and the issuer’s internal funding rate. The securities are not listed, may have limited liquidity, and expose investors to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.
Citigroup Inc. is offering unsecured callable zero-coupon notes due February 10, 2033. Each note has a $1,000 stated principal amount and accretes at a 5.47% per annum non-compounding accrual yield to a payment of $1,382.90 at maturity, if not redeemed earlier.
The notes pay no periodic interest. Beginning February 10, 2027, Citigroup may redeem all notes on each February 10 at their scheduled accreted value, which ranges from $1,054.70 in 2027 to $1,328.20 in 2032. The notes are intended to qualify as TLAC-eligible debt, meaning losses in a Citigroup bankruptcy could be imposed on noteholders.
Citigroup may substitute a wholly owned subsidiary as issuer, while guaranteeing payments, and certain Citigroup bankruptcy or covenant events would then no longer trigger default. The notes are not listed on any exchange, may trade at a temporary premium for about four months, are sold through Citigroup Global Markets Inc. with up to a $10 per-note underwriting fee, and are issued with taxable original issue discount for U.S. holders.
Citigroup Inc. is offering depositary shares, each representing a 1/25th interest in a new Series JJ fixed rate reset noncumulative preferred stock issue. Each preferred share has a $25,000 liquidation preference, equivalent to $1,000 per depositary share, with dividends payable quarterly when and if declared.
The dividend rate is fixed until an initial reset date, then resets every five years to the five‑year U.S. Treasury rate plus a spread. Dividends are noncumulative and can be skipped without obligation to repay. The preferred stock is perpetual, redeemable at Citigroup’s option on specified dividend dates or after a Regulatory Capital Event, subject to Federal Reserve approval.
The preferred ranks senior to common stock and pari passu with Citigroup’s existing preferred series for dividends and liquidation, has very limited voting rights, and the depositary shares will not be listed on any exchange. Net proceeds are expected to be used for general corporate purposes, including possible redemptions or repurchases of outstanding preferred and other Citigroup securities.
Citigroup Global Markets Holdings Inc. is offering unsecured, autocallable senior notes linked to the S&P 500 Futures 40% Edge Volatility 6% Decrement Index (USD) ER, maturing in February 2031, in $1,000 denominations and fully guaranteed by Citigroup Inc.
The notes pay no interest and may redeem early at scheduled dates if the index is at least 90% of its initial level, returning $1,000 plus a fixed premium that steps up over time to 97% on the final valuation date. If held to maturity without autocall, principal is repaid only if the final index level stays at or above a 60% barrier; below that, losses match the index decline on a 1‑for‑1 basis, up to total loss.
The underlying index is complex and risky, using a 40% volatility target, leverage up to 500% on S&P 500 futures, and a persistent 6% annual decrement, all of which can cause the index to underperform the S&P 500 and amplify drawdowns. Investors face Citigroup credit risk, limited or no liquidity, an initial estimated value of about $897 per $1,000 note (below issue price), and uncertain U.S. tax treatment expected to follow a prepaid forward contract approach.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured autocallable notes linked to the S&P 500 Futures 40% Edge Volatility 6% Decrement Index (USD) ER, in $1,000 denominations, maturing in February 2031.
The notes pay no interest and may be automatically redeemed on scheduled valuation dates if the index closes at or above its initial level, returning $1,000 plus a fixed premium that can reach 145% of principal by the final valuation date. If held to maturity and not called, investors receive $1,000 plus the final premium if the index is at or above its initial level, $1,000 if it is between 60% and 100% of the initial level, or suffer a 1-for-1 loss below the 60% barrier, up to total loss of principal.
The highly complex underlying index uses up to 500% leveraged exposure to S&P 500 futures, a 40% volatility target and a 6% per annum decrement, and is expected to underperform the S&P 500 Index. The notes are not listed, carry the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., include an underwriting fee of up to $8.00 per note, and have an estimated initial value of at least $896.50 per note, below the issue price.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering medium-term senior autocallable securities linked to the worst performer of the Dow Jones Industrial Average, EURO STOXX 50® Index and S&P 500® Index, with a stated principal amount of $1,000 per security.
The notes pay no interest and do not guarantee principal repayment. They can be automatically redeemed on scheduled valuation dates starting February 17, 2027 if the worst performing index is at or above its initial value, returning $1,000 plus a preset premium that steps up from 10.25% to 51.25% of principal through February 18, 2031.
If not redeemed early, maturity payments depend solely on the worst index on the final valuation date. Investors receive $1,000 plus the final premium if it is at or above its initial value, $1,000 if it is below initial but at or above 70% of initial, and otherwise suffer a 1-for-1 loss matching its decline, potentially losing their entire investment.
The securities are unsecured obligations subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., will not be listed on any exchange, and have an estimated value on the pricing date expected to be at least $898.00 per $1,000, below the issue price, reflecting fees, hedging costs and the issuer’s internal funding rate.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering market-linked medium-term senior notes tied to the SPDR® Gold Trust. Each security has a $1,000 stated principal amount, matures on February 10, 2027, and does not list on any exchange.
If the SPDR® Gold Trust finishes at or above 115% of its initial value, investors receive principal plus an $180 knock-out premium. Otherwise, they receive principal plus the underlying return, with losses at maturity capped at $50 per security. The underwriting fee is $5 per security, and the estimated value on the pricing date is expected to be at least $949, reflecting embedded costs and hedging.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked securities tied to the worst performer of the EURO STOXX 50® Index, Nasdaq-100 Index® and S&P 500® Index, maturing on March 9, 2029.
Each $1,000 security may pay a quarterly contingent coupon of at least 2.775% (at least 11.10% per annum) only if the worst-performing index on the relevant valuation date is at or above 75% of its initial level. At maturity, if not called, you receive $1,000 only if the worst index is at or above 75% of its initial level; otherwise, repayment is reduced one-for-one with that index’s loss and can fall to zero.
The notes are callable at the issuer’s option on specified dates starting in 2027, are unsecured and subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., will not be listed on an exchange, and have an estimated value on the pricing date of at least $931 per $1,000 issue price.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured callable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing in August 2028.
The notes have a $1,000 denomination and pay a contingent coupon of at least 3.1625% per quarter (at least 12.65% per annum) only if, during each observation period, all three indices stay at or above 70% of their initial values. If any index closes below its 70% coupon barrier on any trading day in an observation period, no coupon is paid for that period.
At maturity, if not previously called and the worst-performing index is at or above 60% of its initial value, investors receive $1,000 plus any final coupon. If it is below 60%, repayment is reduced one-for-one with the index loss, potentially to zero. Citigroup may redeem the notes early on specified coupon dates at $1,000 plus the applicable coupon, limiting future income. The notes are not exchange-listed, are subject to Citi credit risk, and have an estimated value on the pricing date expected to be at least $940 per $1,000 issue price due to structuring, hedging costs and internal funding assumptions.
Citigroup Inc. is offering 32,000,000 depositary shares, each representing a 1/1,000th interest in a share of 6.250% noncumulative Preferred Stock, Series II, with an aggregate liquidation preference of $800,000,000 (excluding any over-allotment option).
The preferred stock pays discretionary, noncumulative cash dividends at 6.250% per year on the $25,000 liquidation preference per share (equivalent to $1.5625 per depositary share), quarterly in arrears, beginning May 15, 2026. The shares are perpetual, rank senior to common stock, and may be redeemed on or after February 15, 2031, or earlier after a Regulatory Capital Event, at $25,000 per share (or $25 per depositary share) plus declared and unpaid dividends, subject to Federal Reserve approval.
Citigroup expects net proceeds of approximately $779,400,000 for general corporate purposes, which may include redeeming outstanding preferred stock or other securities. Application will be made to list the depositary shares on the NYSE under the symbol “C PR R”.
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, Russell 2000® Index and S&P 500® Index, maturing on February 4, 2031.
The notes pay a contingent coupon of 1.675% per quarter (6.70% per year) only if, on each valuation date, the worst-performing index is at or above 65% of its initial level. If it falls below that barrier on a given date, no coupon is paid for that period.
If the notes are not called early and, on the final valuation date, the worst-performing index is at or above 65% of its initial level, investors receive the $1,000 principal per note. If it is below 65%, repayment is reduced one-for-one with the index loss, down to a possible zero return of principal.
The notes may be automatically called on specified dates starting in 2027 if the worst-performing index is at or above its initial level, returning $1,000 plus the applicable coupon. The securities are not listed, carry full principal risk, and all payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing unsecured callable contingent coupon equity-linked securities tied to the worst performer of the Dow Jones Industrial Average, the Russell 2000® Index and the S&P 500® Index, with total proceeds of $8,086,000.
The notes pay a quarterly contingent coupon of 2.4625% of principal (9.85% per annum) only if the worst-performing index on each valuation date stays at or above 75% of its initial level. At maturity in 2030, if not earlier called, principal is fully repaid only if the worst-performing index is at least 65% of its initial level; otherwise repayment is reduced one-for-one with that decline, potentially to zero.
Citigroup may redeem the notes early at par plus any due coupon on specified dates. The securities are not listed, carry full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and were priced at $1,000 per note with an estimated value of $978.90, reflecting embedded costs and hedging economics.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured medium-term notes linked to the worst performing of the Dow Jones Industrial Average, Russell 2000® Index and S&P 500® Index, maturing in February 2028.
The notes pay a contingent coupon of 2.50% of principal per quarter (10.00% per year) only when, on the relevant valuation date, the worst-performing index is at or above 76% of its initial level. Otherwise no coupon is paid.
At maturity, if the notes have not been called and the worst index is at or above 76% of its initial level, investors receive their full $1,000 principal back. If it is below that barrier, repayment is reduced one-for-one with the index loss, potentially to zero. Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon. The notes are not listed, carry credit risk of Citigroup entities, have an estimated initial value below the $1,000 issue price and involve complex tax and withholding considerations, especially for non‑U.S. holders.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering autocallable contingent coupon equity-linked senior notes tied to the worst performer of the Russell 2000® and S&P 500® indexes, maturing in February 2027.
The notes pay a 2.80% quarterly contingent coupon (equivalent to 11.20% per year) only if, on each valuation date, the worst-performing index closes at or above 70% of its initial level. If this condition is not met, no coupon is paid for that quarter.
The notes can be automatically called on scheduled dates in 2026 if the worst-performing index is at or above its initial level, returning principal plus the coupon. If not called, principal repayment at maturity depends on both index performance and a “knock-in” test: if any index ever closes below 70% of its initial level and finishes below its initial level, investors share fully in that index’s loss, potentially losing their entire investment.
The securities are unsecured, subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., will not be listed on any exchange, and may be difficult to sell. The issuer expects the notes’ estimated value on the pricing date to be about $939.50 per $1,000, below the issue price, reflecting fees, hedging costs and internal funding assumptions. The filing also highlights complex risk, liquidity and U.S. tax considerations, especially for non-U.S. holders, including potential 30% withholding on coupon payments.
Citigroup Global Markets Holdings Inc. priced callable contingent coupon equity-linked senior notes due February 19, 2030 with a $1,000 stated principal amount per security. The offering links payoff to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, uses a series of monthly valuation dates beginning March 13, 2026, and may be called on numerous potential redemption dates.
Contingent coupons equal at least 0.9083% per payment (approximately 10.90% per annum if all paid), payable only when the worst performing underlying on a valuation date is >= its coupon barrier (set at 70% of initial value). If the worst performing underlying is below its final barrier (70%) at the final valuation date, principal at maturity is reduced by that underlying's percentage decline; payment may be significantly less than principal, possibly zero. Payments are guaranteed by Citigroup Inc. and are subject to issuer/guarantor credit risk.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured autocallable notes linked to the worst performer of the EURO STOXX 50® and Russell 2000® indices. Each security has a $1,000 stated principal amount and pays no interest.
The notes can be automatically redeemed on scheduled valuation dates from February 2027 through February 2031 if the worst performing index is at or above its initial level, returning $1,000 plus a fixed premium of at least 14.50% up to 72.50% of principal, depending on the redemption date.
If not called, principal repayment at maturity depends on the worst index level. At or above its initial value, investors receive $1,000 plus the final premium; between 70% and 100% of the initial value, they receive only $1,000; below 70%, losses match the index decline, potentially down to zero.
The notes are not listed, carry the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and have an estimated value on the pricing date expected to be at least $926.50 per $1,000 issue price, reflecting fees, hedging costs and internal funding assumptions.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured medium-term senior notes that are equity-linked to the worst performer among the Dow Jones Industrial Average, Russell 2000® Index and S&P 500® Index, maturing August 13, 2027.
The notes pay a contingent coupon of at least 0.7917% per month (about 9.50% per year) 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 per note plus any due coupon.
At maturity, if not redeemed, investors receive $1,000 per note if the worst-performing index is at or above 70% of its initial value. If it is below that level, principal is reduced one-for-one with the index loss, down to zero, and no final coupon is paid.
The notes will not be listed on an exchange, may have limited liquidity, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The estimated value on the pricing date is expected to be at least $935.50 per $1,000 note, below the issue price.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $1,000 medium-term senior autocallable securities linked to the worst performer of the Dow Jones Industrial Average, Russell 2000® Index and S&P 500® Index, with a final maturity in February 2031.
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 starting at 9% and rising to at least 45% by the final valuation date. If not called, investors receive $1,000 plus the final premium if the worst-performing index finishes at or above its initial level, $1,000 if it is between 70% and 100% of its initial level, and a loss matching the index decline if it finishes below 70%, up to a total loss of principal. The securities are unsecured, subject to the credit risk of Citigroup entities, not exchange-listed, carry an estimated initial value of at least $900.50 per $1,000, and include underwriting fees of up to $37.50 per security.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured structured notes linked to the worst performer of the Russell 2000 Index, the S&P 500 Index and the State Street Energy Select Sector SPDR ETF. Each $1,000 security can pay a monthly contingent coupon of 0.8542% (about 10.25% per year) if, on the relevant valuation date, the worst performing index or ETF is at or above 70% of its initial level. At maturity in February 2028, if not called earlier and the worst performer is at or above 65% of its initial level, investors receive $1,000; otherwise, repayment is reduced in line with the loss on that worst performer and can fall to zero. The issuer may redeem the notes early on specified dates at $1,000 plus any due coupon. The notes are not listed, carry full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and have an estimated initial value of $975.40 per $1,000, below the issue price.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured callable contingent coupon equity-linked securities maturing on February 1, 2029, with a $1,000 stated principal amount per security.
The notes pay a contingent coupon of 0.8542% of principal per period (about 10.25% per year) only if, on the relevant valuation date, the worst performing of the Dow Jones Industrial Average, the Nasdaq-100 Index® and the Russell 2000® Index is at or above 75% of its initial value. Missed barriers mean no coupon for that period.
If not called and held to maturity, investors receive $1,000 per security if the worst index is at or above 70% of its initial value. If it finishes below 70%, repayment is reduced 1% for each 1% decline in that worst index, potentially down to zero. Citigroup may redeem the securities on specified dates at $1,000 plus any due coupon. The securities are not listed, carry the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and have an estimated value of $978.30 per $1,000 issue price.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering medium-term senior notes in the form of autocallable contingent coupon equity linked securities tied to the S&P 500 Futures 40% Intraday Edge Volatility TCA 6% Decrement Index (USD) ER. Each security has a $1,000 stated principal amount, prices on February 4, 2026 and, unless redeemed earlier, matures on February 7, 2031.
The notes pay a contingent monthly coupon of 1.0417% of principal (about 12.50% per year) only if, on the relevant valuation date, the index is at or above a coupon barrier set at 50% of the initial index level. Missed coupons can be recouped later if the barrier is met, but investors may receive no coupons at all.
If not called early, principal repayment depends on the final index level. If the final value is at or above a final barrier equal to 50% of the initial level, investors receive $1,000 plus any due coupon. If it is below that barrier, repayment is reduced by the index loss, potentially to zero. The notes can be automatically redeemed on scheduled potential autocall dates starting in 2027 if the index is at or above its initial level, returning $1,000 plus the coupon and any unpaid coupons.
The securities will not be listed on any exchange. The issue price is $1,000 per security, with an underwriting fee of $12.50 and an estimated value expected to be at least $850. The issuer highlights substantial risks, including complex index mechanics with leverage and decrements, potential for significant loss of principal, early redemption at a fair-value amount after certain index changes, conflicts from hedging and distribution activities, and uncertain U.S. tax and withholding treatment, particularly for non‑U.S. investors.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured, autocallable notes linked to the S&P 500 Futures Excess Return Index, with a stated principal amount of $1,000 per security and maturity in February 2031, unless redeemed earlier.
The notes pay no interest and can be automatically redeemed on scheduled valuation dates if the index is at or above its initial level, returning $1,000 plus a fixed premium that steps up from 8% in 2027 to 40% in 2031. If held to maturity and not redeemed, investors receive $1,000 plus the final premium if the index is at or above its initial level, $1,000 if it is between 70% and 100% of the initial level, or a loss matching the index decline if it finishes below 70% of the initial level.
The securities are not listed, carry full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and may be hard to sell. The issue price is $1,000 with an underwriting fee of up to $41.25 per security, and Citigroup currently expects the estimated value on the pricing date to be at least $894.00 per security.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured callable contingent coupon equity-linked senior notes due February 8, 2029. The notes are linked to the worst performing of the iShares Russell 2000 ETF, the Nasdaq-100 Index and the State Street Energy Select Sector SPDR ETF.
Investors receive a contingent coupon of at least 0.9667% per month (about 11.60% per year) only if, on each valuation date, the worst performing underlying is at or above 70% of its initial value. At maturity, if not called, investors get back $1,000 per note only if the worst performer is at or above 60% of its initial value; otherwise principal is reduced one-for-one with the decline and can fall to zero.
The issuer may redeem the notes early on specified dates at $1,000 plus any due coupon, capping future income. The notes will not be listed, carry full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and have an estimated value on the pricing date expected to be at least $917.50 per $1,000 note, below the issue price, reflecting structuring and hedging costs.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured Callable Contingent Coupon Equity Linked Securities tied to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 indices, maturing in February 2029.
The notes have a $1,000 denomination and may pay quarterly contingent coupons of at least 13.05% per annum if the worst-performing index on each valuation date stays at or above 80% of its initial level. At maturity, if not called and the worst-performing index is at or above 70% of its initial level, investors receive full principal; below that, repayment is reduced one-for-one with index losses, potentially to zero.
The issuer can redeem the notes early on specified dates at par plus any due coupon. Investors forgo dividends and any upside in the indices, face limited liquidity, pricing and model risk, complex U.S. tax treatment, and are fully exposed 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 medium-term senior callable contingent coupon equity-linked securities due February 9, 2029. Each security has a $1,000 principal amount and is linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices.
The notes may pay a quarterly contingent coupon of at least approximately 11.00% per annum if, on each valuation date, the worst performing index is at or above 70% of its initial level. If it is below that barrier, no coupon is paid for that period.
At maturity, if not previously called, investors receive $1,000 per note only if the worst performing index is at or above 70% of its initial value. Otherwise, repayment is reduced one-for-one with the index loss, potentially down to zero. Citi may redeem the notes early at par plus any due coupon. The notes are unsecured, not listed, and subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured callable contingent coupon equity-linked securities tied to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing in February 2028.
The notes pay a contingent coupon of at least 12.25% per annum if, on each valuation date, the worst index closes at or above 70% of its initial value; otherwise no coupon is paid. At maturity, if not called and the worst index is below 70% of its initial value, repayment of the $1,000 principal is reduced one-for-one with the decline and can fall to zero.
Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon. The securities are not listed, carry full issuer and guarantor credit risk, and have an estimated initial value of at least $939.50 per $1,000, which is lower than the issue price due to fees, hedging costs and internal funding assumptions.
Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering unsecured callable contingent coupon equity linked securities tied to the worst performer of the Nasdaq-100®, Russell 2000® and S&P 500® indexes, maturing on February 10, 2028.
The notes have a $1,000 stated principal amount and may pay quarterly contingent coupons of at least 0.9375% (at least 11.25% per year) if, on each valuation date, the worst performing index is at or above 70% of its initial level. Citi can redeem the notes in whole on specified dates, paying $1,000 plus any due coupon.
If the notes are not redeemed and the worst performing index finishes below 70% of its initial level at final valuation, repayment is reduced one-for-one with the index loss, down to zero, with no minimum principal protection. The securities are not listed, may have little or no liquidity, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.
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 Nasdaq-100, Russell 2000 and S&P 500 indexes, maturing on February 9, 2029.
Each $1,000 security may pay a quarterly contingent coupon of at least 0.85% (at least 10.20% per year) if the worst-performing index on the prior valuation date is at or above 70% of its initial value. Starting August 6, 2026, the notes are automatically called at par plus coupon if the worst index is at or above its initial level.
If not called and the worst index finishes below 70% of its initial value on the final valuation date, repayment is reduced 1% for each 1% decline, potentially down to $0. The notes are not listed, carry Citigroup credit risk, and have an estimated pricing-date value of at least $932.50 per $1,000, below the issue price, with an underwriting fee of up to $8.50 per security.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing unsecured callable contingent coupon equity-linked notes tied to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indexes, maturing February 8, 2029.
The $1,000-denomination notes may pay a monthly contingent coupon of at least 0.7792% (about 9.35% annually) only if the worst-performing index on each valuation date stays at or above 75% of its initial level. Principal is protected only if, at maturity, the worst-performing index is at or above 70% of its start level; otherwise repayment is reduced one-for-one with that index’s loss, down to zero. Citigroup can redeem the notes early on specified dates, capping income if conditions are favorable. The notes will not be listed, have an estimated initial value below par and involve full issuer and guarantor credit risk.