By Kiku Steinfeld
Chicago, Jan. 26 – Citigroup Global Markets Holdings Inc. priced $2.81 million of autocallable contingent coupon equity-linked securities due Jan. 23, 2026 linked to the least performing of the common stocks of Advanced Micro Devices, Inc., Qualcomm Inc. and Walgreens Boots Alliance, Inc., according to a 424B2 filing with the Securities and Exchange Commission.
The notes pay a contingent monthly coupon at the rate of 23.5% per year if the least-performing stock closes at or above its coupon barrier value, 70% of its initial share price, on the valuation date for that period.
The notes will be automatically called at par plus the coupon if the least-performing stock closes at or above its initial price on any quarterly autocall date after six months.
The payout at maturity will be par unless the least-performing stock finishes below its final barrier value, 50% of its initial share price, in which case investors will be exposed to the decline of the least performing stock.
The notes are guaranteed by Citigroup Inc.
Citigroup Global Markets Inc. is the underwriter.
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 stocks: | Advanced Micro Devices, Inc., Qualcomm Inc. and Walgreens Boots Alliance, Inc.
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Amount: | $2.81 million
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Maturity: | Jan. 23, 2026
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Coupon: | 23.5% per year, payable each month if least-performing stock closes at or above coupon barrier value on valuation date for that period
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Price: | Par
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Payout at maturity: | Par unless least-performing stock finishes below final barrier value, in which case investors will be exposed to the decline of the least performing stock
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Call: | Automatically at par if least-performing stock closes at or above initial share price on any quarterly valuation date after six months
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Initial share prices: | $88.75 for Advanced Micro Devices, $164.60 for Qualcomm, $48.09 for Walgreens Boots
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Coupon barriers: | $62.125 for Advanced Micro Devices, $115.220 for Qualcomm, $33.663 for Walgreens Boots; 70% of initial share prices
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Final barriers: | $44.375 for Advanced Micro Devices, $82.300 for Qualcomm, $24.045 for Walgreens Boots; 50% of initial share prices
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Pricing date: | Jan. 20
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Settlement date: | Jan. 25
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Underwriter: | Citigroup Global Markets Inc.
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Fees: | 0.6%
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Cusip: | 17328YHV9
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