Citigroup Global Markets Holdings Inc. is offering callable contingent coupon equity-linked securities tied to the worst-performing of three indexes, with $1,000 in cash payable per security if called. Investors face terms unlike conventional Debt securities, and the notes are not bank deposits or FDIC-insured obligations.
Key Highlights
- The securities are linked to the worst-performing Dow Jones Industrial Average, Nasdaq-100 index and Russell 2000 Index.
- A call would trigger cash Redemption equal to $1,000 per security, plus any related contingent coupon.
- Callable contingent coupon equity-linked securities from Citigroup Global Markets Holdings Inc. mature in 2030.
- The notes are linked to the weakest-performing of three named indexes and may be redeemed in full, but not partially.
CITIGROUP INC (NYSE: C) is a major banks company. A preliminary pricing supplement covers callable contingent coupon equity-linked securities from Citigroup Global Markets Holdings Inc. with a Maturity in 2030 and exposure to the weakest-performing of three named indexes.
Callable Notes Carry $1,000 Cash Redemption
Citigroup Global Markets Holdings Inc. may redeem the notes in full, but not partially, on designated potential redemption dates after giving at least three Business days’ notice. Potential redemption dates include dates associated with valuation dates from December 2026 through September 2027, followed by dates extending through June 2028. The preliminary pricing supplement carries the identifier 2026-USNCH 34,315 and relates to registration statement number 333-293732.
Notes Carry Risks Beyond Conventional Debt
The securities are not bank deposits and do not carry Federal Deposit Insurance Corporation or other governmental-agency insurance or guarantees. They also are not obligations of, or guaranteed, a bank. The terms state that investing in them involves risks that do not apply to conventional debt securities. Citigroup Global Markets Holdings Inc. says Citigroup Global Markets Inc. and its affiliates may profit from anticipated hedging activity connected with the offering, including if the securities decline in value. Electronic platform providers may receive a fee of up to $1.50 per security sold where qualifying dealers or custodians use those platforms.




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