By William Gullotti
Buffalo, N.Y., Sept. 29 – Citigroup Global Markets Holdings Inc. priced $3 million of 0% capped buffer in-gears due Oct. 22, 2026 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Citigroup Inc.
If the index return is greater than or equal to 42%, the payout at maturity will be par plus 82.2%.
If the index return is less than 42% but greater than or equal to 17%, the payout at maturity will be par plus 15% plus 2.688 times the quantity of the return less 17%.
If the index return is less than 17% but greater than or equal to -8%, the payout at maturity will be par plus 0.6 times the quantity of the return plus 8%.
If the index declines more than 8% but no more than 28%, the payout at maturity will be par plus 1.4 times the quantity of the return plus 8%.
Otherwise, investors will lose 1% for every 1% decline in the index from its initial level.
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: | Capped buffer in-gears
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| Underlying index: | Dow Jones industrial average
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| Amount: | $3 million
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| Maturity: | Oct. 22, 2026
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | If index return is greater than 42%, par plus 82.2%; if the index return is less than 42% but greater than 17%, par plus 15% plus 2.688 times the quantity of the return minus 17%; if the index return is less than 17% but greater than or equal to -8%, par plus 0.6 times the quantity of the return plus 8%; if the index declines more than 8% but no more than 28%, par plus 1.4 times the quantity of the return plus 8%; otherwise, lose 1% for every 1% decline from initial level
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| Initial level: | Average of index closing levels over three-month period from July 7 to and including Oct. 4
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| Final level: | Average of index closing levels over the three-month period from July 22, 2026 to and including Oct. 22, 2026
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| Pricing date: | July 8
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| Settlement date: | July 13
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| Agents: | Citigroup Global Markets Inc.
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| Fees: | 0.5%
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| Cusip: | 17329L101
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