Citigroup Global Markets Holdings’ equity-linked notes can be redeemed for $1,000 in cash per security, plus any related contingent coupon. For investors, the securities offer potential periodic coupons but carry risks, including a potentially lower Yield than conventional Debt and exposure to the worst-performing linked index.

Key Highlights

  • The notes are unsecured obligations of Citigroup Global Markets Holdings and carry a guarantee from Citigroup Inc.
  • Returns are linked to the worst-performing of the Dow Jones Industrial Average, Nasdaq-100 index and Russell 2000 Index.
  • Citigroup Global Markets Holdings Inc. is issuing callable contingent-coupon equity-linked securities guaranteed by Citigroup Inc.
  • The unsecured securities are tied to the worst-performing of three Equity indexes and are due in 2028.

CITIGROUP INC (NYSE: C) is a Major Banks company. Its securities unit has set terms for callable contingent-coupon equity-linked securities that can deliver $1,000 in cash per security if redeemed, along with any applicable coupon.

$1,000 Redemption Terms Set

Citigroup Global Markets Holdings Inc. is issuing the securities, with Citigroup Inc. providing the guarantee. The instruments are unsecured debt securities tied to the worst-performing performance among three equity indexes. The securities carry the identifier 2026-USNCH 34,295 and are due in 2028. Mandatory redemption may occur in full, rather than partially, on an eligible redemption date after at least three Business days’ notice. The relevant valuation dates begin in December 2026 and continue through August 2028, with payment dates also listed across 2027 and 2028. A redemption would pay the stated cash amount plus the related contingent coupon, if one is due.

Coupon Potential Comes With Stated Risks

The actual yield may instead fall below that of comparable conventional debt. The terms also state that investors accept risks not associated with conventional debt securities. Hedging activity by Citigroup Global Markets Holdings and its affiliates may remain profitable even if the securities decline in value.