Citigroup Global Markets Holdings Inc.’s callable securities can return $1,000 in cash for each security if called, along with any contingent coupon payment. For investors, the terms combine possible early Redemption with exposure to the worst-performing of the Nasdaq-100 Index, Russell 2000 index and S&P 500 Index, without bank-deposit or government-agency insurance.

Key Highlights

  • The preliminary securities are linked to the worst-performing of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index.
  • Citigroup Global Markets Holdings Inc. may pay one or more electronic platform providers $1.00 for each security sold through the relevant platforms.
  • The securities carry the identifier 2026-USNCH34316 and remain subject to completion.

CITIGROUP INC (NYSE: C) is a Major Banks company. Securities offered by Citigroup Global Markets Holdings Inc. can be redeemed for $1,000 in cash for each security if the issuer exercises its call right, together with any related contingent coupon payment.

Callable Securities Carry Early-Redemption Terms

The securities are callable contingent coupon equity-linked securities connected to the performance of underlying indexes. Citigroup Global Markets Holdings Inc. may redeem all of the securities, rather than only a portion, on a potential redemption date. The product is offered under registration statement number 333-293732.

Risks Differ From Conventional Debt

The securities involve risks that the source identifies as different from those associated with conventional Debt securities. Citigroup Global Markets Inc. and its affiliates may benefit from expected hedging activity connected with the offering even if the securities’ value falls. The securities are also subject to the issuer’s call decision, which can end the Investment before the stated due date. The issuer will make cash payments on redemption, with a contingent coupon payment included when applicable. The terms therefore combine an equity-linked payoff structure with a potential early exit controlled by the issuer.