New York, April 29 – Citigroup Global Markets Holdings Inc. priced $2 million of 0% Buffered PLUS due Feb. 19, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the return of the index is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum return of par plus 18.05%.
Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management will act as distributor.
| Issuer: | Citigroup Global Markets Holdings Inc.
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| Guarantor: | Citigroup Inc.
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| Issue: | Buffered PLUS
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| Underlying index: | S&P 500 index
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| Amount: | $2 million
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| Maturity: | Feb. 19, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus 300% of index return, subject to a maximum return of par plus 18.05%; par if index declines by 10% or less; otherwise, 1% loss for every 1% that index declines beyond 10%
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| Initial level: | 5,070.55
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| Buffer: | 10%
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| Upside leverage: | 300%
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| Cap: | 18.05%
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| Pricing date: | April 23
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| Settlement date: | April 26
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| Agent: | Citigroup Global Markets Inc.
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| Distributor: | Morgan Stanley Wealth Management
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| Fees: | 2.5%
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| Cusip: | 17331UBJ5
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