Citigroup Inc. is guaranteeing autocallable securities issued by Citigroup Global Markets Holdings, with a 50.25% premium specified for the August 27, 2031 valuation date. The securities mature Sep 2, 2031, but can redeem earlier, and returns depend on the worst-performing Dow Jones Industrial Average, Russell 2000 or S&P 500.

Key Highlights

  • The premium schedule starts at 10.05% on August 30, 2027 and rises to 40.20% on August 27, 2030.
  • The securities are unsecured Debt securities and are not bank deposits or insured by the Federal Deposit Insurance Corporation.
  • Returns depend solely on the worst-performing Dow Jones Industrial Average, Russell 2000 Index or S&P 500 Index.

Citigroup Inc. (NYSE: C) is guaranteeing autocallable securities issued by Citigroup Global Markets Holdings, with a 50.25% premium applicable on the August 27, 2031 valuation date. The securities are due Sep 2, 2031, but may be redeemed automatically before Maturity under the stated terms.

Premium Schedule Runs Through 2031

The premium schedule begins at 10.05% of the stated principal amount on August 30, 2027. It rises to 20.10% on August 28, 2028, 30.15% on August 27, 2029, and 40.20% on August 27, 2030, before reaching 50.25% on August 27, 2031.

Citigroup Global Markets Holdings issued the securities as part of its Medium-Term Senior Notes, Series N. The securities are linked to the worst-performing Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index.

Unsecured Structure Carries Different Terms

The securities do not pay interest and do not guarantee repayment of principal at maturity.

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