STOCK TITAN

Citigroup Inc. 424B Filings

C NYSE

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.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., amends a prior pricing supplement to revise the premium for the August 2030 potential redemption date on its Callable Dual Directional Barrier Securities linked to the S&P 500 Futures Excess Return Index. The notes have a stated principal amount of $1,000 per security, total issuance of $310,000, and an estimated value of $920.20 per security on the pricing date.

The securities offer 200% participation in index gains above the initial value and 1‑for‑1 positive exposure to the absolute value of negative returns down to a 60% barrier, but expose investors to full downside below that barrier and no dividends. Citigroup may redeem the notes on specified dates from November 2026 through October 2030, paying $1,000 plus a preset premium that rises over time, instead of leaving investors fully exposed to index performance through the November 2030 maturity.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indexes, maturing in November 2029. Each $1,000 security may pay a contingent coupon of 0.8667% per month (about 10.40% per year) if, on the prior valuation date, the worst-performing index is at or above 70% of its initial level.

If the securities are not called and, on the final valuation date, the worst-performing index is at or above 70% of its initial value, 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, potentially down to zero. Citigroup may redeem the notes early at $1,000 plus any due coupon, the notes are unsecured and subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., will not be listed on any exchange, and the estimated value at pricing ($978.30 per security) is less than the $1,000 issue price.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $2,100,000 of autocallable contingent coupon equity-linked securities tied to the worst performer of the Russell 2000® Index and the S&P 500® Index, maturing November 29, 2029.

The notes pay a contingent coupon of 1.84% per quarter (7.36% per annum) only if, on each valuation date, the worst-performing index is at or above 70% of its initial level. Starting November 24, 2026, the notes are automatically called if the worst performer is at or above its initial level, returning $1,000 per note plus the coupon. If not called, at maturity investors receive $1,000 only if the worst performer is at or above 70% of its initial level; otherwise repayment is reduced one-for-one with the index loss, down to zero.

The securities do not pay dividends, do not participate in index upside and will not be listed, so liquidity may be limited. All payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue price is $1,000 per note, with an estimated value of $960.20, reflecting structuring and hedging costs and use of an internal funding rate. The U.S. federal tax treatment is uncertain and may change.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, maturing on November 29, 2028. Each security has a $1,000 principal amount.

The notes pay a contingent coupon of 0.8625% per period (equivalent to 10.35% per annum) only if, on the relevant valuation date, the worst performing index closes at or above 70% of its initial level. If it falls below that coupon barrier, 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 70% of its initial level. If it is below 70%, repayment is reduced one-for-one with the index loss, potentially down to zero. Citigroup may redeem the notes early at par plus any due coupon, which can cap income potential.

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 hard to sell. The estimated value on the pricing date is $978.10 per $1,000 security, reflecting embedded costs and hedging.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured $1,000 autocallable securities linked to the worst performer of the Russell 2000® and S&P 500® indices, maturing on November 29, 2029. 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 value, returning $1,000 plus a fixed premium that starts at 10.34% and steps up to 41.36% on 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 value, only $1,000 if it is below the initial level but at or above 70% of that level, and a loss matching the full downside of the worst index if it falls below the 70% barrier, potentially losing all principal. The securities are not listed, carry Citigroup credit risk, and have an estimated value of $965 per $1,000 issue price after factoring in a $30 underwriting fee and issuer funding and hedging costs.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $1,000 autocallable contingent coupon equity-linked securities tied to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, with a total issue size of $201,000. The notes pay a contingent coupon of 0.5833% per month (about 7.00% per year) only if, on each valuation date, the worst-performing index is at or above 75% of its initial level.

The securities can be automatically called as early as November 30, 2026 if the worst-performing index is at or above 95% of its initial level, returning $1,000 plus the coupon. If not called, principal repayment at maturity in 2030 depends on the worst-performing index: full principal is returned only if it is at or above 70% of its initial level, otherwise investors lose 1% of principal for each 1% decline, up to a total loss. The notes are unsecured, unlisted, subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., have an estimated value of $946.20 per $1,000 at pricing, carry complex U.S. tax treatment and may face 30% withholding on coupons for certain non-U.S. holders.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured, autocallable securities linked to the worst performing of the EURO STOXX 50® Index and the Russell 2000® Index, maturing in November 2030. The notes pay no interest and do not guarantee principal repayment.

The securities can be automatically redeemed on scheduled valuation dates starting in November 2026 if the worst performing index is at or above its initial level, returning the $1,000 principal plus a fixed premium that steps up from 11.43% to 57.15% of principal over time. If held to maturity and not called, investors receive principal plus the final premium if the worst index is at or above its initial level, principal only if it is between 70% and 100% of its initial level, and a loss matching the index decline if it finishes below 70%, potentially losing all invested principal.

The notes will not be listed, may 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 per security, while the estimated value on the pricing date is $955.50, reflecting selling, structuring and hedging costs and the issuer’s internal funding rate.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing autocallable contingent coupon equity-linked securities tied to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, maturing on December 4, 2030. Each security has a $1,000 principal amount and pays a contingent coupon of 0.5417% per month (about 6.50% per year) only if, on the relevant valuation date, the worst-performing index is at or above its coupon barrier, set at 75% of its initial value for each index.

The notes can be automatically called on scheduled autocall dates if the worst-performing index is at or above 90% of its initial value, in which case investors receive $1,000 plus the coupon and the investment ends early. If the notes are not called and, on the final valuation date, the worst-performing index is at or above its final barrier of 70% of its initial value, investors receive full principal back (plus any final coupon).

If the worst-performing index is below its final barrier at maturity, repayment is reduced 1% for each 1% decline from its initial level, with no minimum, so investors can lose some or all of their principal and may receive no coupons. The securities are unsecured, 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 of $948.90 per $1,000 at pricing, below the issue price due to selling, structuring and hedging costs.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering medium-term senior Autocallable Phoenix Securities linked to the Invesco QQQ Trust (QQQ), maturing in December 2026. Each security has a $1,000 stated principal amount and is designed to pay a 1.25% contingent monthly coupon when QQQ’s price is at or above a coupon barrier set at 90% of the initial share price, equal to $548.001 based on an initial price of $608.89.

The notes may be automatically redeemed early if on any interim valuation date QQQ is at or above the initial share price, returning $1,000 plus applicable coupons. If held to maturity and QQQ is below the final barrier, principal is reduced using a 10% buffer and a buffer rate of approximately 111.111%, and investors can lose most or all of their investment. The securities are not listed on any exchange. The expected estimated value on the pricing date is at least $946.50 per security, below the $1,000 issue price, and U.S. tax treatment is uncertain, with possible 30% withholding on coupons for certain non‑U.S. holders.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured autocallable contingent coupon equity linked securities tied to NVIDIA Corporation, due June 3, 2027. Each security has a stated principal of $1,000 and can pay a contingent coupon of 4.00% per period, equivalent to 16.00% per year, whenever NVIDIA’s closing value on the relevant valuation date is at or above the coupon barrier.

The initial underlying value is $177.82, with both the coupon barrier and final barrier set at $115.583, or 65.00% of the initial value. The notes are automatically called on specified dates if NVIDIA’s value is at or above the initial level, in which case holders receive $1,000 plus the applicable coupon and any previously unpaid coupons. If the notes are not called and NVIDIA finishes below the final barrier, repayment of principal is reduced one-for-one with NVIDIA’s decline and can fall to $0. The securities are not listed, may have limited liquidity, and all payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured, autocallable structured notes linked to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, each with a stated principal amount of $1,000 and a scheduled maturity of December 1, 2028.

The notes pay no interest and may be automatically redeemed on quarterly valuation dates starting December 1, 2026 if the worst performing index is at or above its initial level, returning $1,000 plus a fixed premium that steps up from 15.00% to 45.00% of principal over time. 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 that index is below its initial level but at or above 70.00% of its initial level, or a loss matching the negative performance of the worst index if it finishes below this 70.00% barrier.

The notes do not offer principal protection, pay no dividends, will not be listed on an exchange and are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc. The preliminary estimated value on the pricing date is expected to be at least $939.50 per $1,000 note, reflecting embedded fees, hedging costs and the issuer’s internal funding rate, and the U.S. federal tax treatment is described as uncertain and subject to change.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked securities tied to the worst performer of the Consumer Staples Select Sector SPDR® Fund (XLP), the Nasdaq-100 Index® and the Russell 2000® Index, maturing on December 6, 2027.

Each $1,000 security pays a monthly contingent coupon of 0.8583% (about 10.30% per annum) only if, on the related valuation date, the worst performing underlying is at or above its applicable coupon barrier level. Missed coupons can be “made up” later if a subsequent valuation date meets the barrier, but if none do, no coupons are ever paid.

At maturity, if not previously called and the worst-performing underlying is at or above 75% of its initial value (the 25% buffer), investors receive $1,000 plus any due coupon; if it is below that level, principal is reduced using a leveraged downside formula, and losses can be substantial. The notes are unsecured, not listed, carry an estimated initial value of at least $937.50 per $1,000, include an underwriting fee of up to $2.00, and involve complex risk and tax considerations, including potential 30% withholding on coupons for some non-U.S. holders.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering contingent income callable securities linked to the common stock of Advanced Micro Devices, Inc. (AMD), maturing in June 2028 unless called earlier. Each security has a $1,000 stated principal amount and pays a 7.50% quarterly contingent coupon (30.00% per annum) only if AMD’s closing price on the relevant valuation date is at or above a coupon barrier set at 75.00% of the initial share price. If AMD trades below this barrier on a valuation date, no coupon is paid for that quarter.

Citi may redeem the notes in whole on quarterly dates beginning around six months after issuance, paying $1,000 plus any due coupon, after which no further payments are made. If not called and the final AMD price is at or above the 75.00% downside threshold, investors receive $1,000 plus any final coupon; if it is below, repayment is reduced one-for-one with AMD’s decline, potentially to zero. Principal is at risk, there is no participation in any AMD upside, the notes are not exchange-listed, and the estimated value at pricing is expected to be at least $900 per $1,000 issue price.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured Dual Directional Buffer Securities linked to the worst performer of the Dow Jones Industrial Average and the Russell 2000 Index, each with a $1,000 stated principal amount. The notes pay no interest and repay a variable amount at maturity on June 24, 2027 based on index performance.

Investors receive 120% participation in gains of the worst-performing index, up to a maximum upside return of $112.50 (11.25% of principal). If that index falls by up to the 15% buffer, holders earn a positive return equal to 120% of the absolute decline. If it falls by more than 15%, investors lose 1% of principal for every 1% drop beyond the buffer, with substantial loss possible.

The securities are unsecured obligations subject to the credit risk of both issuers, pay no dividends on the underlyings, will not be listed on any exchange and may have limited or no liquidity. The per-security issue price is $1,000, including up to a $24 underwriting fee, with minimum proceeds of $976 to the issuer and an expected initial estimated value of at least $913, reflecting embedded costs and dealer profit. The U.S. tax treatment is uncertain and relies on prepaid forward contract characterization.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured, autocallable notes linked to the worst performer of the Russell 2000® Index and the S&P 500® Index, due December 22, 2028, in $1,000 denominations.

The notes pay no interest and may be automatically redeemed on annual valuation dates in 2026 and 2027 if the worst performing index is at or above its initial level, returning $1,000 plus a premium of at least 10.50% or 21.00%, respectively. If held to maturity and the worst performer is at or above its initial level, investors receive $1,000 plus at least a 31.50% premium; if it is below the initial level but at or above 65% of that level, investors simply receive $1,000.

If the worst performer finishes below its 65% barrier, repayment is reduced 1-to-1 with the index loss and can fall to zero. The notes do not provide dividends, are not listed on any exchange, and carry the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The expected estimated value on the pricing date is at least $913.50 per $1,000 note, reflecting selling, structuring and hedging costs.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing unsecured Autocallable Barrier Securities linked to the worst performer of the Russell 2000® Index and the S&P 500® Index, each with a stated principal amount of $1,000 per security. The notes may be automatically redeemed on December 21, 2026 if the closing value of the worst performing index is at or above its initial value, paying $1,000 plus at least a 10.25% premium (illustrated as $1,102.50).

If not called, at maturity in December 2028 you receive: $1,000 plus leveraged upside based on 200.00% of any gain in the worst performing index; or full principal back if the worst index ends between 80.00% and 100% of its initial value; or a loss matching the full negative performance of the worst index if it finishes below the 80.00% barrier, with no minimum repayment. The securities pay no interest, provide no dividends from the indices, will not be listed on an exchange, carry issuer and guarantor credit risk, and include an estimated initial value of at least $895.50 per $1,000 issue price and an underwriting fee of up to $32.50 per security.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured autocallable securities linked to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, each with a stated principal amount of $1,000 and maturing on December 6, 2030.

The notes pay no interest and may be automatically redeemed on scheduled valuation dates starting December 4, 2026 if the worst performing index is at or above its initial level, returning $1,000 plus a fixed premium that starts at 9.15% and steps up to 45.75% by the final valuation date. If not redeemed early, at maturity investors receive $1,000 plus the applicable premium if the worst performer is at or above its initial level, $1,000 if it is below the initial level but at or above 70% of that level, or $1,000 reduced one-for-one with the index loss if it is below the 70% barrier, which can result in a full loss of principal.

The securities will not be listed on any exchange. The issue price is $1,000 per note, including an underwriting fee of up to $39.75, with minimum proceeds to the issuer of $960.25 per security and an estimated value on the pricing date of at least $891.50, reflecting structuring and hedging costs.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering market-linked, auto-callable notes tied to the Energy (XLE), Health Care (XLV) and Technology (XLK) Select Sector SPDR funds, maturing on December 29, 2028. Each security has a $1,000 principal amount and may pay a quarterly contingent coupon at a rate of at least 11.50% per annum if the lowest-performing ETF on a calculation day is at or above 75% of its starting value.

From June 2026 to September 2028, the notes are automatically redeemed at par plus coupon if the lowest-performing ETF is at or above its starting value. If not called, principal is repaid at maturity only if the lowest-performing ETF on the final calculation day is at or above 70% of its starting value; otherwise repayment is reduced in line with that ETF’s loss, up to a total loss of principal.

The notes are unsecured obligations, not bank deposits, not FDIC insured, and will not be listed on any exchange. The public offering price is $1,000 per security, with estimated value at least $900, underwriting discounts up to 2.575%, and proceeds of $974.25 per security to the issuer.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing callable barrier securities linked to the S&P 500 Futures Excess Return Index with a stated principal of $1,000 per security and a total offering of $595,000. The notes may be redeemed in full on annual dates from November 2026 through November 2029 for $1,000 plus fixed premiums of 13%, 26%, 39% or 52% of principal, respectively.

If not called, at maturity in November 2030 holders receive $1,000 plus 200% of any positive index return, $1,000 if the index ends at or above 60% of its initial level, or a loss matching the negative index return if it finishes below that 60% barrier. The securities are not listed, pay no dividends, and their estimated value at pricing is $935.80 per $1,000, below the issue price, reflecting fees, hedging costs and internal funding rates. The product also involves complex U.S. tax treatment, including prepaid forward characterization and Section 871(m) considerations for non‑U.S. holders.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable securities linked to the S&P 500 Futures 40% Intraday Edge Volatility TCA 6% Decrement Index (USD) ER. Each security has a stated principal amount of $1,000, with a pricing date of November 21, 2025, issue date of November 26, 2025 and final maturity on November 26, 2030, unless redeemed earlier.

The notes may be automatically redeemed on scheduled valuation dates if the index closing value is at or above the initial value of 9,031.94, paying $1,000 plus a preset premium that steps up from 22.0000% to 110.0000% of principal by the final valuation date. If held to maturity and not called, investors receive principal plus the final premium if the index is at or above the initial level, par if it is between the initial level and the final barrier value of 5,419.164 (60% of initial), and a loss matching the negative index return if it finishes below the barrier.

The securities do not pay dividends, will not be listed on any exchange, and expose holders to Citigroup credit risk. Total offering size is $20,000.00, the underwriting fee is up to $45.00 per security, and the estimated value is $850.50 per security at pricing, below the $1,000.00 issue price.

Rhea-AI Summary

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 Index®, the Russell 2000® Index and the Utilities Select Sector SPDR® Fund, maturing May 9, 2028. Each security has a stated principal amount of $1,000 and may pay a contingent coupon of at least 0.875% per period (at least 10.50% per annum) when the worst performing underlying on the relevant valuation date is at or above 70% of its initial value.

If the notes are not called and the worst performing underlying finishes below 65% of its initial value on the final valuation date, repayment of principal is reduced one-for-one with the decline and can fall to zero. Citigroup may redeem the notes in whole on specified dates by paying $1,000 plus any due coupon, and the securities will not be listed on any exchange. The preliminary estimated value on the pricing date is expected to be at least $924.50 per $1,000 security, reflecting structuring, hedging costs and the issuer’s internal funding rate.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $1,000-denomination autocallable securities linked to the worst performing of the S&P 500 Index and the Russell 2000 Index, due November 27, 2028. Initial index values are 6,602.99 for the S&P 500 and 2,369.587 for the Russell 2000, with trigger values set at 80% of those levels.

The notes can be automatically redeemed on November 23, 2026 if the worst performing index is at or above its initial value, paying $1,097.50 per note (a 9.75% premium). If held to the November 21, 2028 final valuation date and the worst performer is at or above its initial value, investors receive $1,350 per note (a 35% premium). If the worst performer is below its initial value but at or above its trigger, principal is merely returned.

If the worst performing index finishes below its trigger, repayment is reduced one‑for‑one with that index’s loss, down to zero. The notes are not exchange‑listed, carry an underwriting fee of $32 per $1,000 note, and have an estimated value of $944.10 at pricing, reflecting model and funding assumptions.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable securities linked to the S&P 500 Futures 40% Edge Volatility 6% Decrement Index (USD) ER, with a stated principal amount of $1,000 per security and a total issue of $680,000. The pricing date is November 21, 2025 and the securities are due November 25, 2033, unless automatically redeemed earlier.

The notes can be called on scheduled valuation dates if the index closes at or above 95% of its initial value of 598.8745, paying $1,000 plus a fixed premium that steps up over time (up to 126.8% of principal on the final valuation date). If not called, and the final index value is at least 50% of the initial value, holders receive principal plus the final premium; if it is below 50%, repayment is $1,000 plus $1,000 times the index return, exposing principal to full downside and possibly zero.

The securities are not listed on any exchange, do not pay dividends, and carry issuer and guarantor credit risk. The issue price is $1,000, the estimated value is $880.30, and CGMI receives an underwriting fee of up to $43 per security, with proceeds to the issuer of $957 per security.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $1,000 Callable Dual Directional Barrier Securities linked to the S&P 500 Futures Excess Return Index, with a total issue size of $310,000. The notes mature on November 26, 2030, but may be redeemed early at the issuer’s option on specified dates for $1,000 plus a preset premium.

If held to maturity and not called, investors get leveraged upside: when the index finishes at or above its initial level of 539.99, the payoff equals $1,000 plus 200% of the index gain. If the index is below the initial level but at or above the 60% barrier of 323.994, investors receive $1,000 plus the absolute value of the index loss. If the index closes below the barrier, repayment of principal is reduced 1-to-1 with the index decline, down to zero.

The securities will not be listed on any exchange, and liquidity may be limited. The issue price is $1,000 with an underwriting fee of $41.25 per security and proceeds to the issuer of $958.75. Citigroup Global Markets Inc. estimates the initial value at $920.20 per security, reflecting its pricing models and internal funding rate rather than a tradable market price.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured autocallable contingent coupon market-linked securities tied to the S&P 500 Futures 35% Edge Volatility 6% Decrement Index (USD) ER, in $1,000 denominations, maturing on November 26, 2035.

The notes pay a monthly contingent coupon of 0.75% of principal (a 9.00% annual rate) only if the index closes on the prior valuation date at or above 371.774, which is 75% of the initial index level of 495.6988. Starting with late‑2028 valuation dates, the notes are automatically redeemed at $1,000 plus coupon if the index is at or above its initial level, which can shorten the income period.

If never called, investors receive $1,000 per note at maturity plus any final coupon, but they forgo all upside participation and dividends from the underlying. The custom index is highly complex and risky, using up to 500% leveraged exposure to S&P 500 futures, a 35% volatility target, and a 6% annual decrement that drags returns and can cause underperformance versus the S&P 500 Index. The securities are not exchange-listed, subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and priced at $1,000 with an estimated value of $921.10 and $980.00 in proceeds to the issuer after a $20.00 underwriting fee.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing autocallable securities due November 29, 2030, linked to the worst performer of the Dow Jones Industrial Average™, the Russell 2000® Index and the S&P 500® Index. Each security has a $1,000 stated principal amount and total proceeds are $8,433,000.

The notes can be automatically redeemed on scheduled valuation dates if the worst-performing index is at or above its autocall barrier (90% of its initial value), paying $1,000 plus a premium that starts at 10.05% of principal in November 2026 and rises to 50.25% by the final valuation date. If the notes are not called, maturity payment depends solely on the worst index: investors receive $1,000 plus the final premium if it is at or above 80% of its initial value, par if it is between 75% and 80%, and $1,000 plus the index return (downside exposure) if it falls below 75%, which can result in large losses.

The securities do not pay dividends, will not be listed on any exchange, and have an estimated value of $984.20 per $1,000 at pricing. The issuer highlights that these are complex, higher-risk instruments than conventional debt, with uncertain tax treatment expected to follow prepaid forward contract treatment, and potential Section 871(m) implications for non‑U.S. investors.

Rhea-AI Summary

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 Index®, Russell 2000® Index and S&P 500® Index, with a stated principal amount of $1,000 per security and final maturity on December 2, 2027, unless called earlier.

The notes pay a contingent coupon of at least 0.9417% per month (about 11.30% per year, set on the pricing date) only if, on each valuation date, the worst-performing index closes at or above 80% of its initial level. Missed coupons can be recouped later if the barrier is met, but if it is never met, no coupons are paid.

The notes can be automatically redeemed on specified potential autocall dates if the worst-performing index is at or above its initial level, paying $1,000 plus the applicable coupon. If 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; if it is below 70%, principal is reduced 1:1 with the index loss, potentially to zero. The securities will not be listed, carry full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and their estimated value on the pricing date is expected to be at least $936.50 per $1,000 issue price.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering contingent income auto-callable securities linked to the common stock of Tesla, Inc. (TSLA), maturing in December 2028. Each $1,000 security may pay a quarterly contingent coupon of 4.5625% of principal (18.25% per annum) if Tesla’s closing price on the relevant valuation date is at or above 60.00% of the initial share price, with missed coupons potentially paid later if the threshold is met.

The notes are automatically redeemed at par plus the applicable coupon (including previously unpaid coupons) if on any potential redemption date Tesla’s price is at or above the initial share price. If held to maturity and the final share price is below the 60.00% downside threshold, investors receive $1,000 plus $1,000 multiplied by the share return, which can result in a loss of most or all principal and no coupon at maturity. The securities will not be listed, have an estimated value of at least $919.50 per $1,000 on the pricing date, and embed underwriting, selling and structuring fees.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable 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, maturing on November 27, 2028. Each security has a $1,000 stated principal amount and pays a contingent coupon of 0.6458% per month (about 7.75% per year) only if, on the relevant valuation date, the worst performing index is at or above 65% of its initial level.

If on the final valuation date the worst performing index is at or above its 65% final barrier, investors receive $1,000 plus any final coupon; if it is below, repayment is reduced one-for-one with the index loss and can be as low as zero. The notes can be automatically called from late 2026 onward if the worst index is at or above its initial level, in which case investors receive $1,000 plus the coupon and the investment ends early. The securities are unsecured, subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., are not listed, and had an estimated value on the pricing date of $974.30 per $1,000 issue price, reflecting fees and hedging costs.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $8,352,000 of autocallable securities linked to the worst performer of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, each note having a $1,000 stated principal amount and maturing on December 1, 2031 unless called earlier.

The notes pay no interest and can be automatically redeemed on scheduled valuation dates if the worst performing index is at or above 92% of its initial value, returning $1,000 plus a fixed premium that steps up over time to 62.70% on the final valuation date. If held to maturity and not called, investors get $1,000 plus the final premium if the worst index is at or above its autocall barrier, $1,000 if it is between 75% and 92% of its initial value, and otherwise suffer a 1-for-1 loss with the index decline, down to a possible full loss of principal.

All payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The estimated value on the pricing date is $983.50 per security, below the $1,000 issue price, and the notes will not be listed, so liquidity may be limited.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable contingent coupon equity-linked securities tied to the S&P 500® Index, with a stated principal amount of $1,000 per security and total proceeds of $815,000. These unsecured notes can pay a quarterly contingent coupon of 1.9375% of principal (7.75% per annum) if, on each valuation date, the S&P 500® closes at or above the coupon barrier of 4,622.093, which is 70% of the initial index level of 6,602.99.

If on any potential autocall date the index is at or above the initial level, the notes are automatically redeemed for $1,000 plus the applicable coupon, which can shorten the income stream. If the notes are not called and, on the final valuation date, the index is at or above the same 70% final barrier, holders receive $1,000 plus any final coupon. If the index is below the final barrier, repayment is reduced dollar-for-dollar with the index decline, with no minimum, so principal loss up to 100% is possible and no coupon is paid at maturity.

The securities 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. The initial estimated value is $982.60 per $1,000, reflecting structuring and hedging costs.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable barrier securities linked to the worst performer of Capital One (COF), Fortinet (FTNT) and Tesla (TSLA), maturing on November 26, 2030. The notes pay no interest and do not guarantee principal.

The stated principal amount is $1,000 per security, with total proceeds of $1,051,000. An automatic early redemption can occur on February 23, 2026 if the worst-performing stock is at or above its initial value, paying $1,561 per security (a 56.10% premium). If not called, at maturity holders get: (i) $1,000 plus leveraged upside at a 200% participation rate if the worst performer is above its initial value; (ii) $1,000 if it is at or below its initial value but at or above a 60% barrier; or (iii) a loss one-for-one with the decline if it finishes below the barrier, up to total loss.

The estimated value on the pricing date is $907.60 per security, below issue price, reflecting selling, structuring and hedging costs and use of an internal funding rate. The notes are unsecured, subject to the credit risk of both issuers, pay no dividends on the underlyings and will not be listed, so liquidity may be limited.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured barrier securities linked to the S&P 500® Index, maturing on November 27, 2026. Each security has a $1,000 stated principal amount and pays no interest.

At maturity, if the index is above its initial value of 6,602.99, you receive $1,000 plus upside at a 100% participation rate, capped by a maximum return of $105 per security (10.50%). If the index is at or below the initial value but at or above the final barrier value of 5,282.392 (80%), you receive only $1,000. If the index closes below the barrier, repayment falls 1-for-1 with the index decline from the initial level, and you can lose your entire investment.

The securities are not listed, may 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 underwriting fee of up to $16.50 per security and proceeds to the issuer of $983.50 per security. The estimated value on the pricing date is $969.80, reflecting structuring, hedging costs and the issuer’s internal funding rate.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $1,000-denomination autocallable unsecured notes linked to the worst performer of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing on November 26, 2030. The total offering size is $5,535,000, with per-security proceeds to the issuer of $959.00 and an estimated value of $944.90.

The notes pay no interest and may be automatically redeemed on scheduled valuation dates starting in 2026 if the worst performing index is at or above its initial level, at premiums ranging from 8.80% to 44.00% of principal. If held to maturity without early redemption, investors receive principal plus the 44.00% premium if the worst index is at or above its initial level, principal only if it is between 60.00% and 100.00% of its initial level, and a loss matching the index’s decline if it finishes below 60.00%, up to a total loss of the $1,000 principal. The notes do not pay dividends, are not listed on an exchange and carry the credit risk of both issuing entities.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable barrier securities with a $1,000 stated principal per note linked to the worst performer of the Russell 2000® Index and the S&P 500® Index, maturing in November 2028.

The notes pay no interest and may be automatically redeemed on November 23, 2026 at $1,100 per note (a 10.00% premium) if the worst-performing index is at or above its initial value. If not called, at maturity investors get upside exposure to the worst performer at a 200.00% participation rate if it finishes above its initial value, full principal back if it is at or above its barrier, and 1-for-1 downside loss if it finishes below its barrier.

Each index has a barrier at 80.00% of its initial level (2,369.587 and 6,602.99 initial values for the Russell 2000 and S&P 500, respectively). The securities are unsecured, subject to Citigroup credit risk, not listed on any exchange, and have an estimated value of $982.90 per note versus the $1,000 issue price. Total offering size is $115,000, with up to $32.50 underwriting fee per note.

Rhea-AI Summary

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 Average, Nasdaq-100 Index and S&P 500 Index, maturing on November 29, 2029.

The notes pay a quarterly contingent coupon of 1.9125% of the $1,000 principal (annualized 7.65%) only if the worst-performing index on the relevant valuation date is at or above 65% of its initial level; otherwise no coupon is paid. At maturity, if not called and the worst index is at or above 65% of its initial level, investors receive $1,000 per note; if it is below, repayment is reduced one-for-one with the index loss, potentially to zero.

The issuer may redeem the notes in whole 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., will not be listed on an exchange, and have an estimated value on the pricing date of at least $919.50 versus the $1,000 issue price, reflecting underwriting fees of up to $18.50 and hedging and structuring costs.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $1,000-denomination autocallable contingent coupon equity-linked securities tied to the worst performer of the EURO STOXX 50®, Nasdaq-100® and S&P 500® indices, maturing November 27, 2028.

The notes pay a 2.6875% contingent coupon per quarter (10.75% per annum) only if, on each valuation date, the worst-performing index is at or above 75% of its initial level; otherwise no coupon is paid. Starting May 21, 2026, the notes are automatically called if, on specified dates, the worst-performing index is at or above its initial level, returning $1,000 plus the coupon.

If not called, principal repayment depends solely on the worst-performing index on the final valuation date: investors receive $1,000 if it is at or above 75% of its initial level, and otherwise $1,000 plus the index return, which can result in substantial or total loss. The notes are unsecured, not exchange-listed, have an estimated value of $971.10 per $1,000 at pricing, and involve complex market, credit, liquidity and tax risks.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc. (C), is offering autocallable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 Equal Weight indices, maturing on November 30, 2028. Each security has a $1,000 stated principal amount.

The notes pay a contingent coupon of 2.1625% per quarter (an annualized 8.65%) only if, on each valuation date, the worst-performing index is at or above 75% of its initial level. Missed coupons can be paid later if the condition is met, but can be lost entirely. Principal is protected only if the worst index finishes at or above 65% of its initial level; otherwise repayment is reduced one-for-one with the index loss, potentially to zero.

The notes can be automatically called from May 26, 2026 onward if the worst index is at or above its initial level, returning $1,000 plus the due coupon. The securities are not exchange‑listed, and the estimated value on the pricing date is expected to be at least $921 per $1,000 note, below the issue price, reflecting dealer compensation and hedging. Tax treatment is uncertain, and non‑U.S. holders may face 30% withholding on coupon payments.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured autocallable securities linked to the worst performer of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, each with a $1,000 stated principal amount and final maturity on November 27, 2030.

The notes pay no interest and can be automatically redeemed on scheduled valuation dates if the worst performing index is at or above its initial value, returning $1,000 plus a fixed premium that steps up from 9.60% to 48.00% of principal, depending on the date. If held to maturity and not called, investors receive $1,000 plus the final premium if the worst performer is at or above its initial level, $1,000 if it is below initial but at or above the 70.00% barrier, and suffer 1-for-1 losses if it finishes below that barrier, potentially losing the entire investment.

The securities are not listed, involve exposure to three equity indices, and all payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue price is $1,000 per security, with an estimated value of $957.10 and an underwriting fee of up to $35.00 per security.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured, autocallable securities linked to the worst performer of the Dow Jones Industrial Average and the S&P 500 Dynamic Participation Index, maturing on November 26, 2030. Each security has a $1,000 stated principal amount and pays no interest.

The notes may be automatically redeemed after any scheduled valuation date starting November 23, 2026 if the worst performing index is at or above its initial level, paying $1,000 plus a fixed premium that steps up from 7.50% to 37.50% of principal over time. If held to maturity and not called, investors receive $1,000 plus the final premium if the worst performer is at or above its initial level, $1,000 if it is below the initial level but at or above a 15% downside buffer, and a loss of 1% of principal for each 1% decline beyond that buffer.

The issue price is $1,000 per note, with an estimated value of $934.50 and an underwriting fee of up to $37.50 per note. The securities are not listed, have limited liquidity, provide no dividends or index upside beyond fixed premiums, and are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $1,000-denomination autocallable contingent coupon equity-linked securities tied to the worst-performing of the Russell 2000® Index and the S&P 500 Dynamic Participation Index, maturing May 25, 2028. The notes pay a contingent coupon of 1.375% per quarter (5.50% per annum) only if, on each valuation date, the worst-performing index is at or above 80% of its initial level. Beginning May 21, 2026, the notes are automatically called if the worst-performing index is at or above 90% of its initial level, returning $1,000 plus the coupon. At maturity, if not called and the worst-performing index is at or above 80% of its initial level, investors receive $1,000; otherwise, principal is reduced so that losses exceed 20% of any index decline beyond the 20% buffer. The notes are unsecured, not listed, subject to Citi credit risk, and have an estimated value of $956.50 per $1,000 issue price on a total offering size of $10,040,000.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured structured notes linked to the worst performing of the Nasdaq‑100, Russell 2000 and S&P 500 indices, maturing October 26, 2026.

The notes pay a contingent coupon of 0.9167% per month (about 11.00% per year) only if, on each valuation date, the worst index closes at or above 70% of its initial level. If that index is below the barrier, no coupon is paid for that period.

At maturity, if not called and the worst index is at or above 70% of its initial level, investors receive the $1,000 principal plus any final coupon; otherwise repayment is reduced one‑for‑one with the index loss and can fall to zero. The issuer may redeem the notes early at $1,000 plus any coupon, the notes are not listed, are subject to the credit risk of Citigroup entities, and have an estimated value of $985 per $1,000 at pricing, below the issue price.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $14,133,000 of Trigger Jump Securities with auto-call features linked to the worst performer of the EURO STOXX 50®, S&P 500® and TOPIX® indices, maturing on November 26, 2030. Each security has a $1,000 stated principal amount and pays no interest. Starting about one year after issuance, the notes are automatically redeemed if, on a valuation date, the worst-performing index is at or above its initial level, returning $1,000 plus a premium that steps up from 14.65% to 73.25% of principal over time.

If not called, at maturity investors receive $1,000 plus the final premium if the worst index finishes at or above its initial level, $1,000 if it is below the initial level but at or above the 80% trigger, and a loss on a 1-to-1 basis if it ends below the trigger, potentially down to zero. The securities are not listed and may have limited liquidity. The issue price is $1,000 per security versus an estimated value of $949, reflecting underwriting, selling and structuring fees and hedging costs.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc. (C), is offering $1,000-denomination autocallable securities linked to the worst performer of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, maturing on November 27, 2030.

The notes pay no interest and do not guarantee principal. On scheduled valuation dates, if the worst-performing index is at or above 90% of its initial level (the autocall barrier), the notes are automatically redeemed for $1,000 plus a fixed premium that steps up over time, reaching 35.75% if triggered on the final valuation date. If held to maturity without autocall, investors receive $1,000 plus the applicable premium if the worst index is at or above 90%, only $1,000 if it is between 70% and 90%, and a loss matching the index decline if it falls below 70%, potentially down to zero.

The securities do not pay dividends, are not exchange-listed, and expose holders to the credit risk of Citigroup entities. The estimated value on the pricing date is $957.20 per $1,000 note, below the issue price, reflecting structuring and hedging costs.

Rhea-AI Summary

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 Index®, Russell 2000® Index and S&P 500® Index. Each security has a $1,000 principal amount, with a total issue size of $848,000.

The notes pay a contingent coupon of 0.975% per month (equivalent to 11.70% per annum) only if, on each valuation date, the worst-performing index is at or above 70% of its initial level. If the worst index finishes below its 70% final barrier at maturity in May 2027, investors lose 1% of principal for every 1% decline and can lose their entire investment.

Citigroup may call the notes on specified dates, returning $1,000 per security plus the applicable coupon, which can cap the income stream. The securities are unlisted, illiquid, and fully exposed to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The estimated value on the pricing date is $982.50 per $1,000, below the issue price.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked securities tied to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, with a stated principal of $1,000 per security and maturity on May 26, 2027.

The notes pay a contingent coupon of 0.6667% per month (about 8.00% per year) only if, on each valuation date, the worst performing index is at or above 70% of its initial level; otherwise no coupon is paid. If held to maturity and not called, investors receive $1,000 per note if the worst index is at or above 65% of its initial level, but principal is reduced one-for-one with any decline below that barrier, down to zero.

Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon, capping future income. The securities are unsecured, subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., are not listed on any exchange, and have an estimated value of $967.20 per $1,000 issue price due to structuring and hedging costs.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing callable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indexes, due May 26, 2027, in $1,000 denominations with a total issue size of $2,530,000.

The notes pay a monthly contingent coupon of 0.9417% of principal (about 11.30% per annum) only if, on the relevant valuation date, the worst-performing index is at or above 70% of its initial level. At maturity, if not previously called, principal is fully returned only if the worst index is at or above 65% of its initial level; below that, 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 securities are unsecured, 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 $985 per $1,000, below the issue price, reflecting structuring, distribution and hedging costs. The filing highlights significant market, correlation, liquidity and tax risks, particularly for non-U.S. holders.

Rhea-AI Summary

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 on May 26, 2027. Each security has a $1,000 principal amount and can pay a contingent coupon of 0.8917% per month (about 10.70% per year) if, on the relevant valuation date, the worst performing index is at or above 70% of its initial level.

If the notes are not called and, on the final valuation date, the worst index is at or above 70% of its initial value, investors receive $1,000 plus the final coupon. If it is below 70%, repayment is reduced one-for-one with the index decline, potentially down to zero, with no final coupon. Citigroup may redeem the notes early on specified dates, paying $1,000 plus any due coupon. The notes are not exchange-listed, subject to the credit risk of Citigroup entities, carry complex tax treatment, and had an estimated value of $980.30 per $1,000 at pricing, lower than the issue price.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured buffered digital securities linked to the Dow Jones Industrial Average, maturing on April 1, 2027. The notes pay no interest and do not guarantee full principal repayment.

For each $1,000 note, if the index at maturity is at or above its initial level, investors receive $1,000 plus a fixed digital return of at least $86.50 (at least 8.65%). If the index is below the initial level but no lower than 90% of it, investors receive only their $1,000 back. If it falls below 90%, investors lose 1% of principal for every 1% decline beyond that 10% buffer.

The securities are not listed, may have limited liquidity, and their value is affected by market factors and the issuers’ credit. The estimated value on the pricing date is expected to be at least $922.50 per note, below the $1,000 issue price, reflecting selling, structuring and hedging costs. Investors also forgo any dividends on the index and face complex and uncertain tax treatment.

Rhea-AI Summary

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable contingent coupon equity-linked securities tied to the S&P 500 Futures 40% Edge Volatility 6% Decrement Index (USD) ER, maturing on November 26, 2030. Each security has a $1,000 principal amount and pays a contingent coupon of 0.9833% per month (about 11.80% per year) only if the index closes on the prior valuation date at or above the coupon barrier of 359.3247, which is 60% of the initial level of 598.8745.

The notes may be automatically called on scheduled autocall dates if the index is at or above its initial level, returning $1,000 plus the coupon, which would end any further payments. If not called, and the final index value is below the final barrier (also 60% of the initial level), the maturity payment is reduced 1% for every 1% index decline, potentially to $0. Investors do not receive dividends and do not participate in any index gains.

The securities 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 may be hard to sell. The issue price is $1,000 per security, including up to a $45 underwriting fee; the issuer’s estimated value is $890.70. The complex underlying index uses leveraged futures exposure, a 40% volatility target and a 6% annual decrement, all of which can materially drag on performance. The U.S. tax treatment is uncertain and non‑U.S. holders may face 30% withholding on coupons.