New York, March 30 – Citigroup Global Markets Holdings Inc. priced $3.61 million of autocallable contingent coupon equity linked securities due March 26, 2026 linked to the First Trust Nasdaq Cybersecurity ETF, according to a 424B2 filing with the Securities and Exchange Commission.
Investors will receive a coupon of 7.5% per year, paid quarterly, if the ETF closes at or above its 80% coupon barrier on the related valuation date.
The securities will be called automatically at par if the closing level of the ETF is greater than or equal to its initial level on any quarterly valuation date.
If the ETF finishes at or above its 80% final barrier, the payout at maturity will be par. Otherwise, investors will lose 1% loss for every 1% that the ETF declines.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the agent.
Issuer: | Citigroup Global Markets Holdings Inc.
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Guarantor: | Citigroup Inc.
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Issue: | Autocallable contingent coupon equity linked securities
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Underlying ETF: | First Trust Nasdaq Cybersecurity ETF
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Amount: | $3.61 million
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Maturity: | March 26, 2026
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Coupon: | 7.5% per year, paid quarterly if the ETF closes at or above its 80% coupon barrier on the related valuation date
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Price: | Par
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Payout at maturity: | If ETF finishes at or above final barrier, par; otherwise, 1% loss for every 1% that ETF declines from initial level
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Call: | Automatically at par if the closing level of the ETF is greater than or equal to its initial level on any quarterly valuation date
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Initial level: | $41.35
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Coupon barrier: | $33.08, 80% of initial level
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Final barrier: | $33.08, 80% of initial level
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Pricing date: | March 23
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Settlement date: | March 28
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Agent: | Citigroup Global Markets Inc.
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Fees: | 2%
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Cusip: | 17331HAK2
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