Chicago, April 23 – Citigroup Global Markets Holdings Inc. priced $500,000 of autocallable contingent coupon equity-linked securities due Jan. 29, 2026 linked to the common stock of Moderna, Inc., according to a 424B2 filing with the Securities and Exchange Commission.
Investors will receive a coupon of 11% paid monthly if the stock closes at or above its 65% coupon barrier on the related valuation date.
The securities will be called automatically at par starting April 25 and on any subsequent monthly valuation date if the stock closes above 85% of its initial level.
If the stock finishes at or above its 55% final barrier the payout at maturity will be par. Otherwise investors will lose 1% loss for every 1% that the stock declines.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Autocallable contingent coupon equity-linked securities
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| Underlying stock: | Moderna, Inc.
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| Amount: | $500,000
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| Maturity: | Jan. 29, 2026
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| Coupon: | 11% annual rate, paid monthly if the stock closes at or above its 65% coupon barrier on the related valuation date
|
| Price: | Par
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| Payout at maturity: | If stock finishes at or above final barrier par; 1% loss for every 1% that stock declines if it ends below final barrier
|
| Call: | Automatically at par starting April 25 and on any subsequent monthly valuation date if stock closes above 85% autocall barrier level
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| Initial level: | $102.81
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| Coupon barrier: | $66.827, 65% of initial level
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| Final barrier: | $56.546, 55% of initial level
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| Autocall barrier value: | $87.389, 85% of initial level
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| Pricing date: | Jan. 25
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| Settlement date: | Jan. 30
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| Agent: | Citigroup Global Markets Inc.
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| Fees: | 2.45%
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| Cusip: | 17291LDD4
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