Citi plans to price dual directional trigger PLUS linked to iShares U.S. Home Construction ETF

By Emma Trincal

New York, May 25 – Citigroup Global Markets Holdings Inc. plans to price 0% dual directional trigger PLUS due June 4, 2026 linked to the iShares U.S. Home Construction ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus two times the ETF return, subject to a maximum return of par plus 34%.

If the ETF return is negative but above its 65% trigger level, the payout will be par plus 1.5 times the absolute value of the return.

Otherwise, investors will be exposed to the decline from the initial price.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent. Morgan Stanley Wealth Management is the dealer.

The notes will price on May 31 and settle on June 5.

The Cusip number is 17331HZE9.

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