Citigroup Global Markets Holdings is offering callable contingent-coupon equity-linked securities guaranteed by Citigroup Inc., with mandatory Redemption at $1,000 per security if called. The notes mature on March 24, 2028 and track the worst-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes, creating exposure to unsecured Debt and index performance.

Key Highlights

  • The securities are due on March 24, 2028 and carry Citigroup Inc.’s guarantee.
  • A call would pay holders $1,000 per security plus any related contingent coupon.
  • Electronic platform providers may receive up to $1.50 for each qualifying security sold.

Callable Notes Set Redemption Terms

CITIGROUP INC (NYSE: C) is a Major Banks company. The securities are linked to the worst-performing of the Nasdaq-100 Index, the Russell 2000 Index and the S&P 500 Index. Their stated Maturity is March 24, 2028, while the contingent coupon structure may produce a Yield generally above that of Citigroup’s conventional debt securities with the same maturity. The potential for a higher yield comes with the possibility that the actual yield will be lower than that comparison.

Cash Payment and Distribution Details

When a call is exercised, holders receive cash equal to $1,000 for each security, along with the related contingent coupon payment if one is due. Potential redemption dates correspond to valuation dates beginning December 21, 2026 and extending through February 22, 2028. The securities are not bank deposits and do not carry Federal Deposit Insurance Corporation or other governmental-agency insurance or guarantees.