Citigroup Global Markets Holdings is offering unsecured equity-linked notes with automatic early Redemption for $1,000 plus a contingent coupon payment when conditions are met. The structure matters to investors because early redemption can end coupon payments before maturity, while the actual Yield may be below comparable conventional debt.

Key Highlights

  • The securities are linked to the worst-performing Dow Jones Industrial Average or Nasdaq-100 Index.
  • Automatic redemption pays $1,000 in cash plus the related contingent coupon when the stated trigger condition is met.
  • Citigroup Global Markets Holdings issues the unsecured notes, with Citigroup Inc. providing the guarantee.

CITIGROUP INC (NYSE: C) is a Major Banks company. Citigroup Global Markets Holdings is offering unsecured equity-linked notes that can be called early for $1,000 plus a contingent coupon payment, subject to the performance condition in the terms. Citigroup Inc. guarantees the securities, which are due on September 26, 2029.

Equity-Linked Notes Carry Autocall Feature

The securities are tied to whichever performs worse between the Dow Jones Industrial Average and the Nasdaq-100 Index. On a potential autocall date, redemption occurs if that underlying’s closing value is at least its initial level. Each security then held is redeemed on the next contingent coupon payment date for cash equal to $1,000 plus the applicable contingent coupon payment. The notes are part of the Medium-Term Senior Notes, Series N, issued under a pricing supplement dated September 21, 2026.

Yield Potential Comes With Early Redemption Risk

The securities may pay periodic contingent coupons at an annualized rate, and the document says the resulting yield could generally exceed that of conventional Debt securities with the same maturity. The actual yield may instead be lower if investors do not receive the expected contingent payments. Automatic redemption can also end the opportunity to receive further contingent coupons before the stated maturity. The notes are not bank deposits and lack insurance or a guarantee from the Federal Deposit Insurance Corporation or another government agency.